In this study, we discussed the Bayesian property of unknown parameter and reliability characteristic of the Shanker distribution. The maximum likelihood estimate is calculated. The approximate confidence interval of the unknown parameter is constructed based on the asymptotic normality of maximum likelihood estimator. Two bootstrap confidence intervals for the unknown parameter are also computed. Bayesian estimates of parameter and reliability characteristic against squared error loss function are obtained. Lindley’s approximation and Metropolis-Hastings algorithm are applied to obtain the Bayes estimates. In consequence, we also construct the highest posterior density intervals. A numerical comparison is also made to compare different methods through a Monte Carlo simulation study. Finally, two real data sets are also analyzed using the proposed methods.
Abushal, T. (2019). Bayesian estimation of the reliability characteristic of Shanker distribution. Journal of the Egyptian Mathematical Society, 27(1), 1-15. doi: 10.1186/s42787-019-0033-x
MLA
Tahani A. Abushal. "Bayesian estimation of the reliability characteristic of Shanker distribution", Journal of the Egyptian Mathematical Society, 27, 1, 2019, 1-15. doi: 10.1186/s42787-019-0033-x
HARVARD
Abushal, T. (2019). 'Bayesian estimation of the reliability characteristic of Shanker distribution', Journal of the Egyptian Mathematical Society, 27(1), pp. 1-15. doi: 10.1186/s42787-019-0033-x
VANCOUVER
Abushal, T. Bayesian estimation of the reliability characteristic of Shanker distribution. Journal of the Egyptian Mathematical Society, 2019; 27(1): 1-15. doi: 10.1186/s42787-019-0033-x