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Statistics and Probability

Journal of Modern Applied Statistical Methods

2010

Bayesian estimation

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Estimations On The Generalized Exponential Distribution Using Grouped Data, Hassan Pazira, Parviz Nasiri May 2010

Estimations On The Generalized Exponential Distribution Using Grouped Data, Hassan Pazira, Parviz Nasiri

Journal of Modern Applied Statistical Methods

Classical and Bayesian estimators are obtained for the shape parameter of the Generalized-Exponential distribution under grouped data. In Bayesian estimation, three types of loss functions are considered: the Squared Error loss function which is classified as a symmetric function, the LINEX and Precautionary loss functions which are asymmetric. These estimators are compared with the corresponding estimators derived from un-grouped data empirically using Monte-Carlo simulation.