Abstract:The distribution of the test statistics of homogeneity tests is often unknown, requiring the estimation of the critical values through Monte Carlo simulations. The computation of the critical values at low α, especially when the distribution of the statistics changes with the series length (sample cardinality), requires a considerable number of simulations to achieve a reasonable precision of the estimates (i.e., 10 6 simulations or more for each series length). If, in addition, the test requires a noteworthy … Show more
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