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Physical Sciences and Mathematics Commons

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Applied Statistics

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Wayne State University

2010

Bayes shrinkage estimator

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Full-Text Articles in Physical Sciences and Mathematics

On Bayesian Shrinkage Setup For Item Failure Data Under A Family Of Life Testing Distribution, Gyan Prakash Nov 2010

On Bayesian Shrinkage Setup For Item Failure Data Under A Family Of Life Testing Distribution, Gyan Prakash

Journal of Modern Applied Statistical Methods

Properties of the Bayes shrinkage estimator for the parameter are studied of a family of probability density function when item failure data are available. The symmetric and asymmetric loss functions are considered for two different prior distributions. In addition, the Bayes estimates of reliability function and hazard rate are obtained and their properties are studied.