Autor: |
Khoshkhoo Amiri, Z., MirMostafaee, S.M.T.K. |
Předmět: |
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Zdroj: |
Journal of Statistical Computation & Simulation; Jun2024, Vol. 94 Issue 9, p1965-1996, 32p |
Abstrakt: |
In this paper, we study the problem of estimation and prediction for a two-parameter distribution with a bathtub-shaped or increasing failure rate function based on lower records and inter-record times, and based on lower records without considering the inter-record times. The maximum likelihood and Bayesian approaches are employed to estimate the unknown parameters. As it seems that the Bayes estimates cannot be derived in a closed form, the Metropolis-Hastings within Gibbs algorithm is implemented to obtain the approximate Bayes point estimates. Bayesian prediction of a future record value is also discussed. A simulation study is conducted to evaluate the proposed point and interval estimators. A real data set consisting of COVID-19 data from Iran is analyzed to illustrate the application of the theoretical results of the paper. Moreover, a simulated data example is presented. Several concluding remarks end the paper. [ABSTRACT FROM AUTHOR] |
Databáze: |
Complementary Index |
Externí odkaz: |
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