Bayesian analysis of the truncated power lindley under different loss functions for censored data
Joint Authors
al-Tahyawi, Mahmud Abd al-Munim Muhammad
al-Sayyid, Muhammad Sabir Hammudah
Source
[Scientific Journal of Financial and Administrative Studies and Research]
Issue
Vol. 14, Issue 1 (30 Jun. 2022), pp.1-20, 20 p.
Publisher
University of Sadat City Faculty of Commerce
Publication Date
2022-06-30
Country of Publication
Egypt
No. of Pages
20
Main Subjects
Topics
Abstract EN
"We perform a Bayesian analysis of the upper truncated power Lindley distribution based on type II censored data.
Using various loss functions, including the generalized quadratic, entropy and Linex loss functions, we obtain Bayes estimators and their corresponding posterior risks.
As tractable analytical forms of these estimators are out of reach, we propose Markov chain Monte-Carlo (MCMC) based simulation approach to study their performance.
Moreover, given initial values for the parameters of the model, we obtain maximum likelihood estimators.
Furthermore, we compare their performance with that of the Bayesian estimators using Pitman's closeness criterion and integrated mean square error.
Finally, we illustrate our approach through an example with real data.
"
American Psychological Association (APA)
al-Tahyawi, Mahmud Abd al-Munim Muhammad& al-Sayyid, Muhammad Sabir Hammudah. 2022. Bayesian analysis of the truncated power lindley under different loss functions for censored data. [Scientific Journal of Financial and Administrative Studies and Research]،Vol. 14, no. 1, pp.1-20.
https://search.emarefa.net/detail/BIM-1548640
Modern Language Association (MLA)
al-Tahyawi, Mahmud Abd al-Munim Muhammad& al-Sayyid, Muhammad Sabir Hammudah. Bayesian analysis of the truncated power lindley under different loss functions for censored data. [Scientific Journal of Financial and Administrative Studies and Research] Vol. 14, no. 1 (Jun. 2022), pp.1-20.
https://search.emarefa.net/detail/BIM-1548640
American Medical Association (AMA)
al-Tahyawi, Mahmud Abd al-Munim Muhammad& al-Sayyid, Muhammad Sabir Hammudah. Bayesian analysis of the truncated power lindley under different loss functions for censored data. [Scientific Journal of Financial and Administrative Studies and Research]. 2022. Vol. 14, no. 1, pp.1-20.
https://search.emarefa.net/detail/BIM-1548640
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1548640