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Approximate Confidence Interval for the Ratio of Normal Means with a Known Coefficient of Variation

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Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 9376))

Abstract

An approximate confidence interval for the ratio of normal population means with a known coefficient of variation is proposed. This has applications in the area of bioassay and bioequivalence when the scientist knows the coefficient of variation of the control group. The proposed confidence interval is based on the approximate expectation and variance of the estimator by Taylor series expansion. A Monte Carlo simulation study was conducted to compare the performance of the proposed confidence interval with the existing confidence interval. Simulation results show that the proposed confidence interval performs as well as the existing one in terms of coverage probability and expected length. However, the approximate confidence interval is very easy to calculate compared with the exact confidence interval.

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Correspondence to Wararit Panichkitkosolkul .

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Panichkitkosolkul, W. (2015). Approximate Confidence Interval for the Ratio of Normal Means with a Known Coefficient of Variation. In: Huynh, VN., Inuiguchi, M., Demoeux, T. (eds) Integrated Uncertainty in Knowledge Modelling and Decision Making. IUKM 2015. Lecture Notes in Computer Science(), vol 9376. Springer, Cham. https://doi.org/10.1007/978-3-319-25135-6_18

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  • DOI: https://doi.org/10.1007/978-3-319-25135-6_18

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-25134-9

  • Online ISBN: 978-3-319-25135-6

  • eBook Packages: Computer ScienceComputer Science (R0)

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