2021
DOI: 10.48129/kjs.v49i1.9967
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Reliability estimation and parameter estimation for inverse Weibull distribution under different loss functions

Abstract: In this paper, the classical and Bayesian estimators of the unknown parameters and the reliability function of the inverse Weibull distribution are considered. The maximum likelihood estimators (MLEs) and modified maximum likelihood estimators (MMLEs) are used in the classical parameter estimation. Bayesian estimators of the parameters are obtained by using symmetric and asymmetric loss functions under informative and non-informative priors. Bayesian computations are derived by using Lindley approximation and … Show more

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Cited by 4 publications
(2 citation statements)
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“…That is why the two-parameter IWD has attracted the attention of more and more researchers and has caused discussion among them in recent years [17,18]. For example, Asuman and Mahmut [19] considered the classical and Bayesian estimation of parameters and the reliability function of the IWD. In classical estimation, they derived the ML estimators and modified ML estimators.…”
Section: Introductionmentioning
confidence: 99%
“…That is why the two-parameter IWD has attracted the attention of more and more researchers and has caused discussion among them in recent years [17,18]. For example, Asuman and Mahmut [19] considered the classical and Bayesian estimation of parameters and the reliability function of the IWD. In classical estimation, they derived the ML estimators and modified ML estimators.…”
Section: Introductionmentioning
confidence: 99%
“…Therefore, it is appropriate to use IWD for data fitting in many cases. Yilmaz and Kara [1] investigated the classical and Bayesian estimation methods for estimating the reliability of IWD. The classical approach involved obtaining the maximum likelihood estimation and the modified maximum likelihood estimation.…”
Section: Introductionmentioning
confidence: 99%