Minimax Regret Estimation of Exponential Distribution Based on Record Values Under Weighted Square Error Loss Function
Abstract
In this paper, we consider the problem of estimating the
scale parameter of exponential distribution after preliminary test when
the record values are available. The optimal significance levels based on
the minimax regret criterion and the corresponding critical values are
obtained. This estimator is illustrated by a numerical example.
scale parameter of exponential distribution after preliminary test when
the record values are available. The optimal significance levels based on
the minimax regret criterion and the corresponding critical values are
obtained. This estimator is illustrated by a numerical example.
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