Repeated looks at accumulating data: to correct or not to correct?
Sequential analysis is a statistical way of analysing cumulative data. Its goal is to come to a decision as soon as enough evidence is reached for one or another hypothesis. In this article three different statistical approaches, the frequentist, the Bayesian and the likelihood approach, are discussed in relation to sequential analysis. In particular, the less known likelihood approach is elucidated.
van der Tweel
Ingeborg
I
Centre for Biostatistics, Utrecht University, 3584 CH Utrecht, The Netherlands. i.vandertweel@bio.uu.nl
D001499:Bayes Theorem; D003627:Data Interpretation, Statistical; D016013:Likelihood Functions; D009426:Netherlands; D012106:Research / Q000706:statistics & numerical data*