Verifying compliance with ballast water standards: a decision-theoretic approach
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Costa, Eliardo G. et al. “Verifying compliance with ballast water standards: a decision-theoretic approach”. SORT-Statistics and Operations Research Transactions, vol.VOL 45, no. 1, pp. 19-32, doi:10.2436/20.8080.02.107.


Abstract

We construct credible intervals to estimate the mean organism (zooplankton and phytoplankton) concentration in ballast water via a decision-theoretic approach. To obtain the required optimal sample size, we use a total cost minimization criterion defined as the sum of the sampling cost and the Bayes risk either under a Poisson or a negative binomial model for organism counts, both with a gamma prior distribution. Such credible intervals may be employed to verify whether the ballast water discharged from a ship is in compliance with international standards. We also conduct a simulation study to evaluate the credible interval lengths associated with the proposed optimal sample sizes.

Keywords

Optimal sample size, Bayes risk, Poisson distribution, negative binomial distribution
https://doi.org/10.2436/20.8080.02.107
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