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Bayesian Reliability Estimation of Inverted Exponential Distribution under Progressive Type-II Censored Data |
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PP: 317-333 |
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Author(s) |
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Sanjay Kumar Singh,
Umesh Singh,
Abhimanyu Singh Yadav,
Pradeep K. Vishwakarma,
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Abstract |
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| The present study deals with the estimation procedure for the parameter, reliability and hazard functions of the inverted
exponential distribution under progressive Type-II censored data. For estimation purpose, we have considered both classical and
Bayesian method of estimation. The Bayes estimates of the parameter, reliability and hazard functions are calculated under symmetric
and asymmetric loss functions. We have also computed the 95% asymptotic and highest posterior density (HPD) intervals of the
parameter. Further, Monte Carlo simulation technique has been used to compare the performances of the Bayes estimators with
corresponding maximum likelihood estimators under both the loss functions. Finally, we analysed one real data set for illustrative
purposes of the study. |
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