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2013 | OriginalPaper | Chapter

Bayesian Inference for the Parameters of Two-Parameter Exponential Lifetime Models Based on Type-I and Type-II Censoring

Author : Husam Awni Bayoud

Published in: IAENG Transactions on Engineering Technologies

Publisher: Springer Netherlands

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Abstract

The parameters of the two-parameter exponential distribution are estimated in this chapter from the Bayesian viewpoint based on complete, Type-I and Type-II censored samples. Bayes point estimates and credible intervals of the unknown parameters are proposed under the assumption of suitable priors on the unknown parameters and under the assumption of the squared error loss function. Illustrative example is provided to motivate the proposed Bayes point estimates and the credible intervals. Various Monte Carlo simulations are also performed to compare the performances of the classical and Bayes estimates.

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Metadata
Title
Bayesian Inference for the Parameters of Two-Parameter Exponential Lifetime Models Based on Type-I and Type-II Censoring
Author
Husam Awni Bayoud
Copyright Year
2013
Publisher
Springer Netherlands
Book
IAENG Transactions on Engineering Technologies

Print ISBN: 978-94-007-6189-6

Electronic ISBN: 978-94-007-6190-2

Copyright Year: 2013

DOI
https://doi.org/10.1007/978-94-007-6190-2_6