Minimum Area Confidence Region for Weibull Distribution Based on Records

Record values are commonly seen in real life applications, and many important studies on record values relate to Weibull distributions. Based on record values, we establish the minimum area confidence region for the two-parameter Weibull distribution, which is shown to be superior to the classical...

Full description

Bibliographic Details
Main Authors: Junmei Zhou, Fen Jiang, Jin Zhang
Format: Article
Language:English
Published: Instituto Nacional de Estatística | Statistics Portugal 2021-03-01
Series:Revstat Statistical Journal
Subjects:
Online Access:https://revstat.ine.pt/index.php/REVSTAT/article/view/334
Description
Summary:Record values are commonly seen in real life applications, and many important studies on record values relate to Weibull distributions. Based on record values, we establish the minimum area confidence region for the two-parameter Weibull distribution, which is shown to be superior to the classical confidence regions for having smaller expected area.
ISSN:1645-6726
2183-0371