Bayes estimators in the presence of a guess value |
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| Authors: | S. K. Upadhyay U. Singh |
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| Affiliation: | Department of Statistics , Banaras Hindu University , Varanasi, 221005, INDIA |
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| Abstract: | The paper deals with the problem of parameter estimation in the presence of a guess value and attempts to justify the use of Bayes estimators as an alternative to ordinary shrinkage estimators. Finally, certain Bayes estimators of exponential parameters are obtained under type II censoring, and these are compared with the corresponding MLEs and ordinary shrinkage estimators using a Monte Carlo study. |
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| Keywords: | prior distributions exponential distribution maximum likelihood estimators Bayes estimators shrinkage estimators |
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