E-Bayesian estimation for the Lomax distribution based on type-II censored data
This paper is concerned with using the E-Bayesian method for computing estimates of the unknown parameter and some survival time parameters e.g. reliability and hazard functions of Lomax distribution based on type-II censored data. These estimates are derived based on a conjugate prior for the param...
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| Format: | Article |
| Language: | English |
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SpringerOpen
2014-10-01
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| Series: | Journal of the Egyptian Mathematical Society |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S1110256X13001508 |
| Summary: | This paper is concerned with using the E-Bayesian method for computing estimates of the unknown parameter and some survival time parameters e.g. reliability and hazard functions of Lomax distribution based on type-II censored data. These estimates are derived based on a conjugate prior for the parameter under the balanced squared error loss function. A comparison between the new method and the corresponding Bayes and maximum likelihood techniques is conducted using the Monte Carlo simulation. |
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| ISSN: | 1110-256X |