The E-Bayesian Methods for the Inverse Weibull Distribution Rate Parameter Based on Two Types of Error Loss Functions

oleh: Hassan M. Okasha, Abdulkareem M. Basheer, Yuhlong Lio

Format: Article
Diterbitkan: MDPI AG 2022-12-01

Deskripsi

Given a sample, E-Bayesian estimates, which are the expected Bayesian estimators over the joint distributions of two hyperparameters in the prior distribution, are developed for the inverse Weibull distribution rate parameter under the scaled squared error and linear exponential error loss functions, respectively. The corresponding expected mean square errors, EMSEs, of E-Bayesian estimators based on the sample are derived. Moreover, the theoretical properties of EMSEs are established. A Monte Carlo simulation study is conducted for the performance comparison. Finally, three data sets are given for illustration.