Bayesian Estimation of a New Pareto-Type Distribution Based on Mixed Gibbs Sampling Algorithm
In this paper, based on the mixed Gibbs sampling algorithm, a Bayesian estimation procedure is proposed for a new Pareto-type distribution in the case of complete and type II censored samples. Simulation studies show that the proposed method is consistently superior to the maximize likelihood estima...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2023-12-01
|
| Series: | Mathematics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7390/12/1/18 |