Parameter Estimation of Exponential Pareto
Distribution via Bayesian Approach

Arun Kumar Rao; Himanshu Pandey

doi:https://doi.org/10.14445/22315373/IJMTT-V67I2P502

International Journal of Mathematics Trends and Technology

Research Article | Open Access | Download PDF

Volume 67 | Issue 2 | Year 2021 | Article Id. IJMTT-V67I2P502 | DOI : https://doi.org/10.14445/22315373/IJMTT-V67I2P502

Parameter Estimation of Exponential Pareto Distribution via Bayesian Approach

Arun Kumar Rao, Himanshu Pandey

Abstract

In this paper, exponential Pareto distribution is considered for Bayesian analysis. The expressions for Bayes estimators of the parameter have been derived under squared error, precautionary, entropy, K-loss, and Al-Bayyati’s loss functions by using quasi and gamma priors.

Keywords

Bayesian method, exponential Pareto distribution, quasi and gamma priors, squared error, precautionary, entropy, K-loss, and Al-Bayyati’s loss functions.

References

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Citation :

Arun Kumar Rao, Himanshu Pandey, "Parameter Estimation of Exponential Pareto Distribution via Bayesian Approach," International Journal of Mathematics Trends and Technology (IJMTT), vol. 67, no. 2, pp. 7-14, 2021. Crossref, https://doi.org/10.14445/22315373/IJMTT-V67I2P502