E-Bayesian estimation for the Lomax distribution based on type-II censored data

Document Type : Original Article

Author

Department of Statistics, Faculty of Science, King Abdul Aziz University, P.O. Box 80203, Jeddah 21589, Saudi Arabia

Abstract

This paper is concerned with using the E-Bayesian method for computing estimates of
the unknown parameter and some survival time parameters e.g. reliability and hazard functions
of Lomax distribution based on type-II censored data. These estimates are derived based on a conjugate prior for the parameter under the balanced squared error loss function. A comparison
between the new method and the corresponding Bayes and maximum likelihood techniques is conducted using the Monte Carlo simulation.

Keywords