Rana A. Bakoban, Maha A. Aldahlan*
Intelligent Automation & Soft Computing, Vol.31, No.1, pp. 129-142, 2022, DOI:10.32604/iasc.2022.018041
- 03 September 2021
Abstract In this article, Bayesian techniques are adopted to estimate the shape parameter of the generalized inverted exponential distribution (GIED) in the case of complete samples. Normal approximation, Lindley’s approximation, and Tierney and Kadane’s approximation are used for deriving Bayesian estimators. Different informative priors are considered, such as Jeffrey’s prior, Quasi prior, modified Jeffrey’s prior, and the extension of Jeffrey’s prior. Non-informative priors are also used, including Gamma prior, Pareto prior, and inverse Levy prior. The Bayesian estimators are derived under the quadratic loss function. Monte Carlo simulations are carried out to make a comparison among… More >