Bayes Estimation for Inverse Rayleigh Model under Different Loss Functions
Guobing Fan
Abstract
Guobing Fan
Abstract
The inverse Rayleigh distribution plays an important role in life test and reliability domain. The aim of this article is study the Bayes estimation of parameter of inverse Rayleigh distribution. Bayes estimators are obtained under squared error loss, LINEX loss and entropy loss functions on the basis of quasi-prior distribution. Comparisons in terms of risks with the estimators of parameter under three loss functions are also studied. Finally, a numerical example is used to illustrate the results.
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The inverse Rayleigh distribution plays an important role in life test and reliability domain. The aim of this article is study the Bayes estimation of parameter of inverse Rayleigh distribution. Bayes estimators are obtained under squared error loss, LINEX loss and entropy loss functions on the basis of quasi-prior distribution. Comparisons in terms of risks with the estimators of parameter under three loss functions are also studied. Finally, a numerical example is used to illustrate the results.
Key concepts: Rayleigh distribution, Estimator, Bayes' theorem, Mathematics, Statistics, Prior probability, Bayes error rate, Inverse