| Autor: |
Ferreira, Paulo, Gonzales, Jhon, Tomazella, Vera, Ehlers, Ricardo, Louzada, Francisco, Silva, Eveliny |
| Rok vydání: |
2016 |
| Předmět: |
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| Druh dokumentu: |
Working Paper |
| Popis: |
In this paper we propose to make Bayesian inferences for the parameters of the Lomax distribution using non-informative priors, namely the Jeffreys prior and the reference prior. We assess Bayesian estimation through a Monte Carlo study with 500 simulated data sets. To evaluate the possible impact of prior specification on estimation, two criteria were considered: the bias and square root of the mean square error. The developed procedures are illustrated on a real data set. |
| Databáze: |
arXiv |
| Externí odkaz: |
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