Applied Sequential Methodologies: Real-World Examples with Data Analysis

Applied Sequential Methodologies offers a technically precise yet clear presentation of modern sequential methodologies having immediate applicability to practical problems in the real world. It brings crucial sequential approaches up to speed with recent theoretical gains and demonstrates their utility in solving real-life problems associated with change-point detection in multichannel and distributed systems, best-component selection for multivariate distributions, and multistate processes. The chapters contributed by international authorities contain valuable methods for data mining, agriculture science, genetics, computer simulation, finance, clinical trials, and more.