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Maximum Product Spacing and Bayesian Method for Parameter Estimation for Generalized Power Weibull Distribution Under Censoring Scheme
Volume 17, Issue 2 (2019), pp. 407–444
Ehab Mohamed Almetwally   Hisham Mohamed Almongy  

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https://doi.org/10.6339/JDS.201904_17(2).0010
Pub. online: 4 August 2022      Type: Research Article      Open accessOpen Access

Published
4 August 2022

Abstract

This article discusses the estimation of the Generalized Power Weibull parameters using the maximum product spacing (MPS) method, the maximum likelihood (ML) method and Bayesian estimation method under squares error for loss function. The estimation is done under progressive type-II censored samples and a comparative study among the three methods is made using Monte Carlo Simulation. Markov chain Monte Carlo (MCMC) method has been employed to compute the Bayes estimators of the Generalized Power Weibull distribution. The optimal censoring scheme has been suggested using two different optimality criteria (mean squared of error, Bias and relative efficiency). A real data is used to study the performance of the estimation process under this optimal scheme in practice for illustrative purposes. Finally, we discuss a method of obtaining the optimal censoring scheme.

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Keywords
Maximum Likelihood Maximum Product Spacing Bayesian Estimation Generalized Power Weibull and Progressive Type-II Censoring

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