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250910

Bayesian analysis of the Truncated Power Lindley under different loss functions for censored data

Article

Last updated: 04 Jan 2025

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Abstract

"We perform a Bayesian analysis of the upper truncated power Lindley distribution based on type II censored data. Using various loss functions, including the generalized quadratic, entropy and Linex loss functions, we obtain Bayes estimators and their corresponding posterior risks. As tractable analytical forms of these estimators are out of reach, we propose Markov chain Monte-Carlo (MCMC) based simulation approach to study their performance. Moreover, given initial values for the parameters of the model, we obtain maximum likelihood estimators. Furthermore, we compare their performance with that of the Bayesian estimators using Pitman's closeness criterion and integrated mean square error. Finally, we illustrate our approach through an example with real data."

DOI

10.21608/masf.2022.250910

Keywords

Truncated power Lindley distribution, Bayes estimators, loss function, Pitman criterion, Metropolis-Hastings algorithm

Authors

First Name

د/ محمود عبد المنعم محمد

Last Name

التحيوى

MiddleName

-

Affiliation

کليه السياسه والاقتصاد , قسم الإحصاء- جامعه بنى سويف

Email

mahmoud.abdelmone@eps.bsu.edu.com

City

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Orcid

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First Name

dr\ Mohamed S. Hamouda

Last Name

Hamouda

MiddleName

-

Affiliation

Faculty of Commerce, Department of Quantitative Techniques, Aswan University, Egypt

Email

m.sattar@com.aswu.edu.eg

City

-

Orcid

-

Volume

14

Article Issue

1

Related Issue

35694

Issue Date

2022-06-01

Receive Date

2022-07-01

Publish Date

2022-06-01

Page Start

1

Page End

19

Print ISSN

2682-2113

Online ISSN

2682-2121

Link

https://masf.journals.ekb.eg/article_250910.html

Detail API

https://masf.journals.ekb.eg/service?article_code=250910

Order

20

Type

المقالة الأصلية

Type Code

863

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات والبحوث المالية والإدارية‎

Publication Link

https://masf.journals.ekb.eg/

MainTitle

Bayesian analysis of the Truncated Power Lindley under different loss functions for censored data

Details

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Article

Created At

22 Jan 2023