Parameter estimations of inverse Weibull distribution

Wei An Yan, Bao Wei Song, Zhao Yong Mao, Huang Yong Le

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

under entropy loss function, the E-Bayes estimation and empirical bayes estimation to the parameter of inverse Weibull distribution used conjugate prior are discussed. And we prove the empirical bayes estimation is asymptotically optimal. At last, the MSE of the estimations are compared based on Monte Carlo simulation study. According to these comparisons, it is suggested that the accuracy of E-Bayes estimation is close to the empirical bayes estimation.

Original languageEnglish
Title of host publicationAdvances in Mechanical Design
Pages564-568
Number of pages5
DOIs
StatePublished - 2011
Event2nd International Conference on Manufacturing Science and Engineering, ICMSE 2011 - Guilin, China
Duration: 9 Apr 201111 Apr 2011

Publication series

NameAdvanced Materials Research
Volume199-200
ISSN (Print)1022-6680

Conference

Conference2nd International Conference on Manufacturing Science and Engineering, ICMSE 2011
Country/TerritoryChina
CityGuilin
Period9/04/1111/04/11

Keywords

  • Asymptotically optimal
  • E-bayes estimation
  • Empirical Bayes estimation
  • Entropy loss function
  • Inverse Weibull distribution

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