This is the program for the 2010 Joint Statistical Meetings in Vancouver, British Columbia.

Abstract Details

Activity Number: 130
Type: Contributed
Date/Time: Monday, August 2, 2010 : 8:30 AM to 10:20 AM
Sponsor: Biopharmaceutical Section
Abstract - #308580
Title: Optimization of Error Spending Approach in Clinical Trials
Author(s): Michael Baron*+ and Yi Zhong
Companies: The University of Texas at Dallas and The University of Texas at Dallas
Address: Department of Mathematical Sciences, Richardson, TX, 75080-3021,
Keywords: group sequential clinical trial ; sequential planning ; error spending ; power ; Type I error ; canonical distribution
Abstract:

Error spending approach developed by Slug and Wei (1982) and Lan and DeMets (1983) provides convenient flexibility of group sizes in group sequential clinical trials. According to a suitably chosen error spending function, a sequential design can be chosen that partitions the overall significance level and the overall power between the interim points of the trial. This talk focuses on the optimality of error spending functions, aiming to minimize the expected cost of the clinical trial, fixed cost plus variable cost, under the given significance level and power. We show how such optimization can be accomplished using the new binary segmentation approach and estimate the resulting cost saving.


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