Title
Multivariate Exponentially Weighted Moving Covariance Matrix
Keywords
Average run length; Average run length bias; Regression adjustment
Abstract
Multivariate exponentially weighted moving average (MEWMA) charts are among the best control charts for detecting small changes in any direction. The well-known MEWMA is directed at changes in the mean vector. But changes can occur in either the location or the variability of the correlated multivariate quality characteristics, calling for parallel methodologies for detecting changes in the covariance matrix. This article discusses an exponentially weighted moving covariance matrix for monitoring the stability of the covariance matrix of a process. Used together with the location MEWMA, this chart provides a way to satisfy Shewhart's dictum that proper process control monitor both mean and variability. We show that the chart is competitive, generally outperforming current control charts for the covariance matrix. © 2008 American Statistical Association and the American Society for Quality.
Publication Date
5-1-2008
Publication Title
Technometrics
Volume
50
Issue
2
Number of Pages
155-166
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1198/004017008000000163
Copyright Status
Unknown
Socpus ID
46749103696 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/46749103696
STARS Citation
Hawkins, Douglas M. and Maboudou-Tchao, Edgard M., "Multivariate Exponentially Weighted Moving Covariance Matrix" (2008). Scopus Export 2000s. 10177.
https://stars.library.ucf.edu/scopus2000/10177