Research Article
Bayesian Estimation of Inequality and Poverty Indices in Case of Pareto Distribution Using Different Priors under LINEX Loss Function
Table 6
Bayes estimate of Gini index using conjugate prior (
= 100,
= 3.5).
| | | | 1 | 2 | 3 | 4 | 5 |
| 0.5 | 0.21247 | 0.22623 | 0.24944 | 0.23980 | 0.24143 | 0.853 | 1 | 0.23816 | 0.25030 | 0.22015 | 0.25817 | 0.23342 | 0.852 | 1.5 | 0.20394 | 0.22034 | 0.21269 | 0.23569 | 0.22392 | 0.865 | 2 | 0.22687 | 0.24029 | 0.22722 | 0.26901 | 0.25348 | 0.843 | 2.5 | 0.21976 | 0.23529 | 0.25022 | 0.24789 | 0.26048 | 0.845 | | 0.856 | 0.880 | 0.850 | 0.879 | 0.859 | ā |
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