bayesian estimation of two-parameter weibull distribution using extension of jeffreys prior information with three loss functions两个参数威布尔分布的贝叶斯估计使用扩展的主人公与三个损失函数之前的信息.pdfVIP

Hindawi Publishing Corporation Mathematical Problems in Engineering Volume 2012, Article ID 589640, 13 pages doi:10.1155/2012/589640 Research Article Bayesian Estimation of Two-Parameter Weibull Distribution Using Extension of Jeffreys’ Prior Information with Three Loss Functions Chris Bambey Guure,1 Noor Akma Ibrahim,1, 2 and Al Omari Mohammed Ahmed2 1 Institute for Mathematical Research, University Putra Malaysia, 43400 Serdang, Salangor, Malaysia 2 Department of Mathematics, University Putra Malaysia, 43400 Serdang, Salangor, Malaysia Correspondence should be addressed to Chris Bambey Guure, bam.bey1@ Received 18 April 2012; Revised 29 May 2012; Accepted 12 June 2012 Academic Editor: Bohdan Maslowski Copyright q 2012 Chris Bambey Guure et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The Weibull distribution has been observed as one of the most useful distribution, for modelling and analysing lifetime data in engineering, biology, and others. Studies have been done vigorously in the literature to determine the best method in estimating its parameters. Recently, much attention has been given to the Bayesian estimation approach for parameters estimation which is in contention with other estimation methods. In this paper, we examine the performance of maximum likelihood estimator and Bayesian estimator using extension of Jeffreys prior information with three loss functions, namely, the linear exponential loss, general entropy loss, and the square error loss function for estimating the two-parameter Weibull failure time distribution. These methods are compared usi