268347

Robust Estimation Methods of Exponentiated Inverted Weibull Distribution with Outliers

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Last updated: 04 Jan 2025

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Abstract

This paper discussed robust estimation methods for point estimation of the shape and scale parameters for Exponentiated Inverted Weibull Distribution) EIW) using a complete dataset in the presence of various percentages of outliers. In the case of outliers, it is known that classical methods such as maximum likelihood estimation (MLE), least square (LS) in case of outliers cannot reach the best estimator. To confirm this fact, these classical methods were applied to the data of this study and compared with non-classical estimation methods. The non-classical (Robust) methods such as least absolute deviations (LAD), and M-estimation (using M. Huber (MH) weight and M. Bi-square (MB) weight) had been introduced to obtain the best estimation method for the parameters of the EIW distribution. The comparison was done numerically by using the Monte Carlo simulation study. The real dataset application confirmed that the M-estimation method is very much suitable for estimating the EIW parameters. We concluded that the M-estimation method using Huber object function is a suitable estimation method in estimating the parameters of the EIW distribution for a complete dataset in the presence of various percentages of outliers

DOI

10.21608/caf.2022.268347

Keywords

Exponentiated Inverted Weibull, Classical Estimation Methods, Robust estimation, Least Absolute Deviations and M-estimation

Authors

First Name

Abd-Elwahab

Last Name

Hagag

MiddleName

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Affiliation

Faculty of Commerce, Al-Azhar University

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Volume

42

Article Issue

4

Related Issue

39004

Issue Date

2022-12-01

Receive Date

2022-11-03

Publish Date

2022-12-01

Page Start

102

Page End

123

Print ISSN

1110-4716

Online ISSN

2682-4825

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https://caf.journals.ekb.eg/article_268347.html

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https://caf.journals.ekb.eg/service?article_code=268347

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10

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Publication Title

التجارة والتمويل

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https://caf.journals.ekb.eg/

MainTitle

Robust Estimation Methods of Exponentiated Inverted Weibull Distribution with Outliers

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Article

Created At

22 Jan 2023