Expected Bayesian estimation based on generalized progressive hybrid censored data for Burr-XII distribution with applications

In the Bayesian estimation method for the parameters of random distributions, the process of selecting hyperparameters for the prior distributions is one of the important and complex matters that determine the efficiency of the estimation. Therefore, researchers have recently been interested in the...

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Main Author: M. Nagy
Format: Article
Language:English
Published: AIP Publishing LLC 2024-01-01
Series:AIP Advances
Online Access:http://dx.doi.org/10.1063/5.0184910
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author M. Nagy
author_facet M. Nagy
author_sort M. Nagy
collection DOAJ
description In the Bayesian estimation method for the parameters of random distributions, the process of selecting hyperparameters for the prior distributions is one of the important and complex matters that determine the efficiency of the estimation. Therefore, researchers have recently been interested in the expected Bayesian (E-Bayes) estimation as a solution to hyperparameter problems. In this paper, we discuss the Bayes and E-Bayes estimation process based on generalized type-I hybrid censored data from Burr-XII distribution. We used symmetric and asymmetric loss functions, such as squared error, Degroot, quadratic, and linear exponential loss functions. All of these methods were compared using Monte Carlo simulations, using which mean square errors and average of estimators were calculated. Moreover, real data were used as an applied and illustrative example. Finally, some conclusions were drawn in the concluding comments of this paper.
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spelling doaj.art-8dcdb74befb440169396a55ffc547ee72024-02-02T16:46:07ZengAIP Publishing LLCAIP Advances2158-32262024-01-01141015357015357-2010.1063/5.0184910Expected Bayesian estimation based on generalized progressive hybrid censored data for Burr-XII distribution with applicationsM. Nagy0Department of Statistics and Operations Research, College of Science, King Saud University, P.O. Box 2455, Riyadh 11451, Saudi ArabiaIn the Bayesian estimation method for the parameters of random distributions, the process of selecting hyperparameters for the prior distributions is one of the important and complex matters that determine the efficiency of the estimation. Therefore, researchers have recently been interested in the expected Bayesian (E-Bayes) estimation as a solution to hyperparameter problems. In this paper, we discuss the Bayes and E-Bayes estimation process based on generalized type-I hybrid censored data from Burr-XII distribution. We used symmetric and asymmetric loss functions, such as squared error, Degroot, quadratic, and linear exponential loss functions. All of these methods were compared using Monte Carlo simulations, using which mean square errors and average of estimators were calculated. Moreover, real data were used as an applied and illustrative example. Finally, some conclusions were drawn in the concluding comments of this paper.http://dx.doi.org/10.1063/5.0184910
spellingShingle M. Nagy
Expected Bayesian estimation based on generalized progressive hybrid censored data for Burr-XII distribution with applications
AIP Advances
title Expected Bayesian estimation based on generalized progressive hybrid censored data for Burr-XII distribution with applications
title_full Expected Bayesian estimation based on generalized progressive hybrid censored data for Burr-XII distribution with applications
title_fullStr Expected Bayesian estimation based on generalized progressive hybrid censored data for Burr-XII distribution with applications
title_full_unstemmed Expected Bayesian estimation based on generalized progressive hybrid censored data for Burr-XII distribution with applications
title_short Expected Bayesian estimation based on generalized progressive hybrid censored data for Burr-XII distribution with applications
title_sort expected bayesian estimation based on generalized progressive hybrid censored data for burr xii distribution with applications
url http://dx.doi.org/10.1063/5.0184910
work_keys_str_mv AT mnagy expectedbayesianestimationbasedongeneralizedprogressivehybridcensoreddataforburrxiidistributionwithapplications