Summary
Prediction limits are widely used for reliability problems and other related problems. The determination of prediction limits has been extensively investigated, but few optimal properties of these limits have been explored. This paper introduces a concept of uniform accuracy in order to compare equivariant prediction limits and show that the prediction limits used for the normal distribution and the exponential distribution are uniformly most accurate equivariant.
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Takada, Y. Uniformly most accurate equivariant prediction limit. Metrika 40, 51–61 (1993). https://doi.org/10.1007/BF02613664
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DOI: https://doi.org/10.1007/BF02613664