Bayesian Analysis of Topp-leone Exponential Distribution With Identical Priors
Year: 2024
Type: article
Abstract: This study focuses on estimating the shape and scale parameters of the Topp-Leone Exponential distribution. Bayes estimators are obtained using Exponential, Gamma, LogNormal, and Weibull distributions as the identical priors under asymmetric loss functions such as LINEX and Entropy and integrated with the Lindley approximation method. The simulation study was employed to determine identical prior and loss functions for the shape and scale parameters. It is observed that LINEX loss function with Exponential-Exponential prior for the shape parameter and the scale parameter Gamma-Gamma prior is most preferred for this distribution.
Authors: D. Saridha, R. K Radha
Language: English
Subfield: Statistics and Probability
Field: Mathematics
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4405554702