Open AccessParameter Estimation of Length Biased Weighted Frechet Distribution via Bayesian Approach
Author(s) -
Arun Kumar Rao,
Himanshu Pandey
Publication year - 2021
Publication title -
asian journal of probability and statistics
Language(s) - English
Resource type - Journals
ISSN - 2582-0230
DOI - 10.9734/ajpas/2021/v11i130259
Subject(s) - prior probability , mathematics , estimator , bayes' theorem , bayesian probability , bayes estimator , statistics , mean squared error , principle of maximum entropy , gamma distribution
In this paper, length-biased weighted Frechet distribution is considered for Bayesian analysis. The expressions for Bayes estimators of the parameter have been derived under squared error, precautionary, entropy, K-loss, and Al-Bayyati’s loss functions by using quasi and gamma priors.