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:: Volume 18, Issue 2 (3-2014) ::
Andishe 2014, 18(2): 27-34 Back to browse issues page
Future record values prediction in exponential distribution
Saeed Bagrezaei *, Ebrahim Aminiseresht
Razi university
Abstract:   (3739 Views)
According to the first nth observations of the upper record from exponential distribution, in this article, we can compute maximum likelihood estimation of this distribution parameter. We, then, concentrate on point prediction of the future upper record values in exponential distribution based both on classic and Bayes approaches and second degree and linex loss functions.We, ultimately, deal with numerical comparison available point predictions through Monte Carlo simulation.
Keywords: Bayes, Inverse gamma distribution, Predictor, Prior distribution, Record values
Full-Text [PDF 463 kb]   (1037 Downloads)    
Type of Study: Research | Subject: Special
Received: 2012/08/5 | Accepted: 2013/11/5 | Published: 2015/06/17
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bagrezaei S, aminiseresht E. Future record values prediction in exponential distribution. Andishe. 2014; 18 (2) :27-34
URL: http://andisheyeamari.irstat.ir/article-1-176-en.html

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Volume 18, Issue 2 (3-2014) Back to browse issues page
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