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- W2038605824 abstract "Exponential distribution has an extensive application in reliability. Introducing shape parameter to this distribution have produced various distribution functions. In their study in 2009, Gupta and Kundu brought another distribution function using Azzalini's method, which is applicable in reliability and named as weighted exponential (WE) distribution. The parameters of this distribution function have been recently estimated by the above two authors in classical statistics. In this paper, Bayesian estimates of the parameters are derived. To achieve this purpose we use Lindley's approximation method for the integrals that cannot be solved in closed form. Furthermore, a Gibbs sampling procedure is used to draw Markov chain Monte Carlo samples from the posterior distribution indirectly and then the Bayes estimates of parameters are derived. The estimation of reliability and hazard functions are also discussed. At the end of the paper, some comparisons between classical and Bayesian estimation methods are studied by using Monte Carlo simulation study. The simulation study incorporates complete and Type-II censored samples." @default.
- W2038605824 created "2016-06-24" @default.
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- W2038605824 date "2013-11-05" @default.
- W2038605824 modified "2023-10-17" @default.
- W2038605824 title "Bayesian Statistical Inference for Weighted Exponential Distribution" @default.
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- W2038605824 doi "https://doi.org/10.1080/03610918.2012.733471" @default.
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