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Product Spacings as an Alternative to Likelihood for Bayesian Inferences |
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PP: 179-188 |
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Author(s) |
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Umesh Singh,
Sanjay Kumar Singh,
Rajwant Kumar Singh,
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Abstract |
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| The paper aims to study the consequences of using product of spacings (PS) as an alternative to the traditional likelihood
under Bayesian set up. For this purpose we have considered the problem of point estimation of the parameter of exponential distribution.
We have also obtained the asymptotic and HPD confidence intervals of the parameter. The proposed estimates have been compared
with those based on usual likelihood on the basis of simulated samples from exponential distribution. |
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