Bayesian Inference for Inverse Power Exponentiated Pareto Distribution Using Progressive Type-II Censoring with Application to Flood-Level Data Analysis

Autor: Eman H. Khalifa, Dina A. Ramadan, Hana N. Alqifari, Beih S. El-Desouky
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Symmetry, Vol 16, Iss 3, p 309 (2024)
Druh dokumentu: article
ISSN: 2073-8994
DOI: 10.3390/sym16030309
Popis: Progressive type-II (Prog-II) censoring schemes are gaining traction in estimating the parameters, and reliability characteristics of lifetime distributions. The focus of this paper is to enhance the accuracy and reliability of such estimations for the inverse power exponentiated Pareto (IPEP) distribution, a flexible extension of the exponentiated Pareto distribution suitable for modeling engineering and medical data. We aim to develop novel statistical inference methods applicable under Prog-II censoring, leading to a deeper understanding of failure time behavior, improved decision-making, and enhanced overall model reliability. Our investigation employs both classical and Bayesian approaches. The classical technique involves constructing maximum likelihood estimators of the model parameters and their bootstrap covariance intervals. Using the Gibbs process constructed by the Metropolis–Hasting sampler technique, the Markov chain Monte Carlo method provides Bayesian estimates of the unknown parameters. In addition, an actual data analysis is carried out to examine the estimation process’s performance under this ideal scheme.
Databáze: Directory of Open Access Journals
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