A Comparison of the Prediction of Future Order Statistics for the 2-Parameter Gamma Distribution
Uditha Balasooriya
Abstract
Uditha Balasooriya
Abstract
This paper considers the prediction of future order statistics based on type-II censored samples from the 2-parameter gamma distribution with unknown scale parameter and semi-unknown shape parameter. Among the four predictors considered, the cross-validatory predictor performed best in terms of guaranteed efficiency. An advantage of this estimator is that it uses only the mean values of order statistics and not the covariances which are more difficult to compute.
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This paper considers the prediction of future order statistics based on type-II censored samples from the 2-parameter gamma distribution with unknown scale parameter and semi-unknown shape parameter. Among the four predictors considered, the cross-validatory predictor performed best in terms of guaranteed efficiency. An advantage of this estimator is that it uses only the mean values of order statistics and not the covariances which are more difficult to compute.
Key concepts: Order statistic, Scale parameter, Statistics, Gamma distribution, Shape parameter, Estimator, Generalized gamma distribution, Mathematics