| Article ID: | iaor1988213 |
| Country: | Switzerland |
| Volume: | 8 |
| Start Page Number: | 165 |
| End Page Number: | 174 |
| Publication Date: | Dec 1987 |
| Journal: | Annals of Operations Research |
| Authors: | Grassmann W.K. |
| Keywords: | statistics: experiment |
The variance of a time average is important for planning, running and interpreting experiments. This paper derives a simple method to find this variance for the case of a Markov process. This method is then applied to obtain the variance of a time average for the case of a birth-death process.