Volume no :61, Issue no: 1, March (2020)

BAYESIAN ESTIMATION FOR TWO WEIBULL POPULATIONS BASED ON
JOINT RECORDS

Author's: Tingting Hu
Pages: [37] - [46]
Received Date: March 5, 2020
Submitted by:
DOI: http://dx.doi.org/10.18642/jmsaa_7100122130

Abstract

In this paper, we discussed the Bayesian estimation for two Weibull populations with same shape parameter based on observed lower-joint records, inter-record times and record indicators. As using a general joint prior will lead to computational complexity, we use Soland’s method to simplify the analysis. Finally, a simulation study is conducted to evaluate the Bayesian method.

Keywords

lower-records, interval estimators, Bayesian estimation.