Estimation of Shape Parameter of Exponentiated Pareto Distribution Via Bayesian Approach


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Authors

  • Arun Kumar Rao Department of Mathematics \& Statistics, DDU Gorakhpur University, Gorakhpur, Uttar Pradesh, India
  • Himanshu Pandey Department of Mathematics & Statistics, DDU Gorakhpur University, Gorakhpur, Uttar Pradesh, India

Keywords:

Bayesian method, exponentiated Pareto distribution, quasi and gamma priors, squared error, precautionary, entropy, K-loss, Al-Bayyati's loss functions

Abstract

In this paper, the exponentiated Pareto 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.

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Published

15-09-2020

How to Cite

Arun Kumar Rao, & Himanshu Pandey. (2020). Estimation of Shape Parameter of Exponentiated Pareto Distribution Via Bayesian Approach. International Journal of Mathematics And Its Applications, 8(3), 85–91. Retrieved from https://ijmaa.in/index.php/ijmaa/article/view/132

Issue

Vol. 8 No. 3 (2020)

Section

Research Article

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.