Beta
367116

Two-Sample Prediction of Odd Generalized Exponential Inverted Weibull Distribution with theApplication on COVID-19 Mortality Rate

Article

Last updated: 04 Jan 2025

Subjects

-

Tags

-

Abstract

One of the most crucial issues in life testing is statistical prediction, which has also been used in business, engineering, medicine, and other fields. When more information are available, a better choice will be promoted. When projecting business results, prediction is used to save time, effort, and money. The predictor might be either a point predictor or an interval predictor. The main aim of this research is to investigate the two-sample prediction problem from the odd generalized exponential inverted Weibull distribution based on Type II censored samples. Furthermore, point and interval predictions for future order statistics using non-Bayesian, Bayesian, and E-Bayesian models are looked at. Future order statistics point and interval projections are also offered using conditional, maximum likelihood, Bayesian, and E-Bayesian techniques. The Bayesian and E-Bayesian predictors are based on two different loss functions: the balanced squared error loss function, which is symmetric, and the balanced linear exponential loss function, which is asymmetric. The predictors are derived using uniform hyper prior distributions and gamma prior distributions. Results have been applied to real data sets (such as the COVID-19 death rate in different countries) as well as simulation studies to show the flexibility and potential applications of the distribution.

DOI

10.21608/jsec.2024.367116

Keywords

Odd generalized exponential inverted Weibull distribution, Type-II censored samples, Two-sample prediction, Non-Bayesian, Bayesian and E-Bayesian prediction

Authors

First Name

Asmaa

Last Name

Abdelazim Mohamed Abdelazim

MiddleName

-

Affiliation

AL-Azhar University (Girls’ Branch),

Email

-

City

-

Orcid

-

Volume

54

Article Issue

2

Related Issue

48780

Issue Date

2024-07-01

Receive Date

2024-05-02

Publish Date

2024-07-01

Page Start

221

Page End

260

Print ISSN

2636-2562

Link

https://jsec.journals.ekb.eg/article_367116.html

Detail API

https://jsec.journals.ekb.eg/service?article_code=367116

Order

367,116

Type

المقالة الأصلية

Type Code

914

Publication Type

Journal

Publication Title

المجلة العلمية للإقتصاد و التجارة

Publication Link

https://jsec.journals.ekb.eg/

MainTitle

Two-Sample Prediction of Odd Generalized Exponential Inverted Weibull Distribution with theApplication on COVID-19 Mortality Rate

Details

Type

Article

Created At

30 Dec 2024