Research Article
Bayesian Estimation of Inequality and Poverty Indices in Case of Pareto Distribution Using Different Priors under LINEX Loss Function
Table 7
Bayes estimate of Poverty measure using conjugate prior (
= 100,
= 3.5).
| | | | 1 | 2 | 3 | 4 | 5 |
| 0.5 | 0.89102 | 0.89271 | 0.89536 | 0.89844 | 0.89987 | 0.998 | 1 | 0.88525 | 0.88800 | 0.89170 | 0.89269 | 0.89549 | 0.989 | 1.5 | 0.88163 | 0.88560 | 0.88582 | 0.88885 | 0.89141 | 0.989 | 2 | 0.87639 | 0.87720 | 0.88162 | 0.88555 | 0.88619 | 0.988 | 2.5 | 0.87005 | 0.87451 | 0.87786 | 0.87947 | 0.88246 | 0.985 | | 0.976 | 0.979 | 0.980 | 0.978 | 0.980 | ā |
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