One-sequence and two-sequence prediction for future Weibull records

Based on record data, prediction of the future records from the two-parameter Weibull distribution is studied. First we consider the sampling based procedure to compute the Bayes estimates and also to construct symmetric credible intervals. Secondly, we consider one-sequence and two-sequence Bayes p...

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Bibliographic Details
Main Authors: Omar M. Bdair, Mohammad Z. Raqab
Format: Article
Language:English
Published: Springer 2016-11-01
Series:Journal of Statistical Theory and Applications (JSTA)
Subjects:
Online Access:https://www.atlantis-press.com/article/25867318.pdf