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The Economic Efficiency of Sampling Size: The Case of Beef Trim

✍ Scribed by Peyton M. Ferrier; Jean C. Buzby


Book ID
114754897
Publisher
Springer
Year
2012
Tongue
English
Weight
969 KB
Volume
33
Category
Article
ISSN
1573-9147

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This paper provides practical, tailored advice on the selection of sample sizes for list testing. The advice is based on an economic decision model that accounts for both the statistical properties of test samples and the economic factors relevant to the sample-size selection decision. This economic