Optimal Estimation of Power Chris-Jerry DistributionParameters Using Ranked Set Sampling Design withApplication

Abstract

Effective sample design has a major role in the quality of parameter estimation in statisticalparameter estimation issues. The ranking set sampling (RSS) strategy is effective and a less costlyoption than simple random sampling (SRS). A novel mixture continuous lifetime distribution thathas been proposed recently is the power Chris-Jerry distribution (PC-JD). It is useful for modelinga number of real data sets. This paper investigates the RSS approach for estimating the PC-JD’sparameters. There are roughly sixteen different techniques of estimation that are used, such as themaximum likelihood method, the percentiles method, some methods based on minimum distance,the Kolmogorov method, and some methods based on minimum and maximum spacing distances. Incomparison to a SRS, the simulation research assesses the performance of the suggested RSS-basedestimates in terms of some measures of accuracy. To identify the optimal estimating strategy, thepartial and overall ranks of many estimates are shown. According to numerical results, the maximumlikelihood approach seems to be quite beneficial in evaluating the estimated quality of RSS and SRS.RSS is a more effective sampling approach than SRS owing to its better efficiency. Additionally, thedifferent estimation techniques with survival data for both sampling techniques are examined