International Journal of Mathematical Sciences and Computing(IJMSC)
ISSN: 2310-9025 (Print), ISSN: 2310-9033 (Online)
Published By: MECS Press
IJMSC Vol.4, No.2, Apr. 2018
Bayesian Approximation Techniques of Inverse Exponential Distribution with Applications in Engineering
Full Text (PDF, 530KB), PP.49-62
The present study is concerned with the estimation of Inverse Exponential distribution using various Bayesian approximation techniques like normal approximation, Tierney and Kadane (T-K) Approximation. Different informative and non-informative priors are used to obtain the Baye’s estimate of Inverse Exponential distribution under different approximation techniques. A simulation study has also been conducted for comparison of Baye’s estimates obtained under different approximation using different priors.
Cite This Paper
Kawsar Fatima, S.P Ahmad,"Bayesian Approximation Techniques of Inverse Exponential Distribution with Applications in Engineering", International Journal of Mathematical Sciences and Computing(IJMSC), Vol.4, No.2, pp.49-62, 2018.DOI: 10.5815/ijmsc.2018.02.05
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