Parameter estimation of a model using maximum likelihood function and Bayesian analysis through moment of order statistics
Due to advancements in Bayesian modeling, the likelihood-free posterior estimate is now feasible. These estimation methods are crucial for a deeper understanding of simulation-based systems since it might be difficult, if not impossible, to estimate probability values. This compares the effectivenes...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2023-07-01
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Series: | Alexandria Engineering Journal |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1110016823004465 |