A Note on Inverse Sampling Procedures for Selecting the Best Binomial Population
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Two inverse sampling procedures, one that uses the classical vector-ata-time observation rule and another that uses the play-the-winner observation rule, are shown to select the best of k binomial populations with the same probability, independent of the probabilities of success. This shows that the play-the-winner rule is better from the point of view that both the sample size and number of failures of each population are stochastically smaller using play-the-winner than vector-at-a-time.