National Institute of Technology Rourkela

राष्ट्रीय प्रौद्योगिकी संस्थान राउरकेला

ଜାତୀୟ ପ୍ରଯୁକ୍ତି ପ୍ରତିଷ୍ଠାନ ରାଉରକେଲା

An Institute of National Importance

Seminar Details

Seminar Title:
Estimation of common shape parameter of two weibull populations with unknown and different scales.
Seminar Type:
Departmental Seminar
Department:
Mathematics
Speaker Name:
Kalinga Kanya Parida
Speaker Type:
Student
Venue:
Seminar Hall, Departement of Mathematics
Date and Time:
23 Jul 2024 05.00 PM
Contact:
Kalinga Kanya Parida
Abstract:
The present paper addresses the problem of point estimation of the common shape parameter of two Weibull populations with different and unknown scales. Here, we take the most frequently used method, the maximum likelihood estimators (MLEs). As the closed form for our proposed model does not exist, we compute it numerically. Certain Bayes estimators using informative prior have been obtained. Like the MLEs, the closed form of these Bayes estimators does not exist, so approximation methods proposed by Lindley, Tierney & Kadane and the Markov chain Monte Carlo(MCMC) have been used to approximate the Bayes estimators. A detailed simulation study has been carried out to compare the performances of all the proposed estimators in terms of bias and mean squared error (MSE). A real-life data set is considered and analyzed for the purpose of illustration. Keywords: Estimation, Common parameter, Lindley approximation, Tierney & Kadane approximation, MCMC.