Hidden Markov models (HMMs) are widely used in bioinformatics, speech recognition and many other areas. This note presents HMMs via the framework of classical Markov chain models. A simple example is given to illustrate the model. An estimation method for the transition probabilities of the hidden states is also discussed.

An inventory replenishment policy is developed for a deteriorating item and price-dependent demand. The rate of deterioration is taken to be time-proportional and the time to deterioration is assumed to follow a two-parameter Weibull distribution. A power law form of the price dependence of demand is considered. The model is solved analytically…

The psychometric research done by G. Rasch between 1951 and 1959, which is explained and illustrated in this book, takes psychometrics from being purely descriptive to being a science of objective measurement. Individual centered statistics require models in which each individual is characterized separately and from which, given adequate data,…

This book shows the advantages of Rasch measurement (G. Rasch) for school district testing programs. The results of Rasch methods are contrasted with conventional statistics for assessing student responses to basic skills testing. Chapter 1 shows how the Rasch probability-based method produces measures that are more useful for students, parents,…

This volume contains tables of item analysis results obtained by following procedures associated with the Rasch Model for those reading tests used in the Anchor Test Study. Appendix I gives the test names and their corresponding analysis code numbers. Section I (Basic Item Analyses) presents data for the item analysis of each test in a two part…