Bayesian Test for the Difference of Exponential Guarantee Time Parameters
Sang-Gil Kang, Dal-Ho Kim, Woo-Dong Lee
Abstract
Sang-Gil Kang, Dal-Ho Kim, Woo-Dong Lee
Abstract
When X and Y have independent two parameter exponential distributions, we develop a Bayesian testing procedures for the equality of two location parameters. The reference prior in non-regular exponential model is derived. Under this reference prior, we propose a Bayesian test procedures for the equality of two location parameters using fractional Bayes factor and intrinsic Bayes factor. Simulation study and some real data examples are provided.
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When X and Y have independent two parameter exponential distributions, we develop a Bayesian testing procedures for the equality of two location parameters. The reference prior in non-regular exponential model is derived. Under this reference prior, we propose a Bayesian test procedures for the equality of two location parameters using fractional Bayes factor and intrinsic Bayes factor. Simulation study and some real data examples are provided.
Key concepts: Bayes factor, Bayesian probability, Mathematics, Bayes' theorem, Exponential function, Statistics, Exponential family, Exponential distribution