| Article ID: | iaor1993819 |
| Country: | Netherlands |
| Volume: | 11 |
| Issue: | 4 |
| Start Page Number: | 243 |
| End Page Number: | 248 |
| Publication Date: | May 1992 |
| Journal: | Operations Research Letters |
| Authors: | Fishman George S., Rubin David S. |
This paper describes a method for obtaining a worst-case bound on variance in a Monte Carlo experiment by using available lower and upper bounds on outcomes within disjoint strata in the corresponding sample. This worst-case bound can be used to determine a worst-case sample size to meet a specified variance criterion.