Now suppose that we intend to adjust B sequentially by the collections of
quantities . We define the cumulative collection
and denote the cumulative adjustment
We may `partial out' any stage of the adjustment, defining for any
the partial adjustment of B by
given
as
Corresponding to the adjustment is the bearing
. The
bearing for the partial adjustment
is
As before, we have
The bearing for the partial adjustment expresses the change in both magnitude
and direction in beliefs between stages [j] and [i]. The
stepwise partial adjustment,
is
with bearing . We refer
to the full sequence of stepwise adjusted bearings
as the data trajectory. For each
j we may write
We have therefore have that
where
So to examine the ways in which the individual terms combine to determine the revision we must consider