Optimal test length for maximum absolute prediction

The concepts of multiple differential prediction and multiple absolute prediction are developed in earlier papers (2, 3). The problem of determining the optimal distribution of testing time for multiple differential prediction has been previously considered (4). This paper develops an analogous procedure for multiple absolute prediction. A numerical example illustrating the procedure is presented. The mathematical rationale underlying the procedure is given.This research was carried out under Contract Nonr-477(08) between the University of Washington and the Office of Naval Research. The computations were carried out by Robert Dear and Donald Mills. Much credit is due the typist, Elizabeth Cross. Supervision of both computational and editorial activities was provided by William Clemans. To each of these able contributors we are deeply grateful.