Preference of Prior for Two-Component Mixture of Lomax Distribution

Preference of Prior for Two-Component Mixture of Lomax Distribution

Recently, El-Sherpieny et al., (2020), suggested Type-II hybrid censoring method for parametric estimation of Lomax distribution (LD) without due regard being given to the choice of priors and posterior risk associated with the model. This paper fills this gap and derived the new LD model with minim...

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Bibliographic Details
Main Authors: Faryal Younis, Muhammad Aslam, M. Ishaq Bhatti
Format: Article
Language:English
Published: Springer 2021-06-01
Series:Journal of Statistical Theory and Applications (JSTA)
Subjects:
Mixture of Lomax distribution
Censored sampling
Elicitation of hyperparameter
Bayes estimator
Posterior risk
Loss function
Online Access:https://www.atlantis-press.com/article/125958275/view

Internet

https://www.atlantis-press.com/article/125958275/view

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