A Family of Bayesian Estimators for the Two-Parametric Burr Type II Distribution

This study discusses the posterior estimation for the parameters of the Burr type II distribution (BIID). The informative and noninformative priors along with different loss functions have also been assumed for the posterior estimation. The applicability of the proposed distribution has also been di...

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Main Authors: R. Alshenawy, Navid Feroze, Ali Al-Alwan, Mahreen Saleem, Sahidul Islam
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Journal of Function Spaces
Online Access:http://dx.doi.org/10.1155/2022/6347192
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author R. Alshenawy
Navid Feroze
Ali Al-Alwan
Mahreen Saleem
Sahidul Islam
author_facet R. Alshenawy
Navid Feroze
Ali Al-Alwan
Mahreen Saleem
Sahidul Islam
author_sort R. Alshenawy
collection DOAJ
description This study discusses the posterior estimation for the parameters of the Burr type II distribution (BIID). The informative and noninformative priors along with different loss functions have also been assumed for the posterior estimation. The applicability of the proposed distribution has also been discussed. The modeling capability of the proposed model has been compared with seven classes of the lifetime distributions using real data. The generalizations of Weibull, exponential, Rayleigh, gamma, log normal, Pareto, Maxwell, Levy, Laplace, inverse gamma, Gompertz, chi-square, inverse chi-square, half normal, and log-logistic distributions have been considered for the comparison. The comparison has been made based on different goodness-of-fit criteria, such as Akaike information criteria (AIC), Bayesian information criteria (BIC), and Kolmogorov-Smirnov (KS) test. Based on the results from the study, it can be suggested that the BIID can efficiently replace commonly used lifetime distributions and their modifications. The results under this model were comparable with different conventional/modified distributions having up to six parameters.
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series Journal of Function Spaces
spelling doaj-art-76254c7ec0eb4b75abf51c834f0afdd62025-08-20T03:35:32ZengWileyJournal of Function Spaces2314-88882022-01-01202210.1155/2022/6347192A Family of Bayesian Estimators for the Two-Parametric Burr Type II DistributionR. Alshenawy0Navid Feroze1Ali Al-Alwan2Mahreen Saleem3Sahidul Islam4Department of Mathematics and StatisticsDepartment of StatisticsDepartment of Mathematics and StatisticsDepartment of StatisticsDepartment of MathematicsThis study discusses the posterior estimation for the parameters of the Burr type II distribution (BIID). The informative and noninformative priors along with different loss functions have also been assumed for the posterior estimation. The applicability of the proposed distribution has also been discussed. The modeling capability of the proposed model has been compared with seven classes of the lifetime distributions using real data. The generalizations of Weibull, exponential, Rayleigh, gamma, log normal, Pareto, Maxwell, Levy, Laplace, inverse gamma, Gompertz, chi-square, inverse chi-square, half normal, and log-logistic distributions have been considered for the comparison. The comparison has been made based on different goodness-of-fit criteria, such as Akaike information criteria (AIC), Bayesian information criteria (BIC), and Kolmogorov-Smirnov (KS) test. Based on the results from the study, it can be suggested that the BIID can efficiently replace commonly used lifetime distributions and their modifications. The results under this model were comparable with different conventional/modified distributions having up to six parameters.http://dx.doi.org/10.1155/2022/6347192
spellingShingle R. Alshenawy
Navid Feroze
Ali Al-Alwan
Mahreen Saleem
Sahidul Islam
A Family of Bayesian Estimators for the Two-Parametric Burr Type II Distribution
Journal of Function Spaces
title A Family of Bayesian Estimators for the Two-Parametric Burr Type II Distribution
title_full A Family of Bayesian Estimators for the Two-Parametric Burr Type II Distribution
title_fullStr A Family of Bayesian Estimators for the Two-Parametric Burr Type II Distribution
title_full_unstemmed A Family of Bayesian Estimators for the Two-Parametric Burr Type II Distribution
title_short A Family of Bayesian Estimators for the Two-Parametric Burr Type II Distribution
title_sort family of bayesian estimators for the two parametric burr type ii distribution
url http://dx.doi.org/10.1155/2022/6347192
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