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).

12345

0.50.212470.226230.249440.239800.241430.853
10.238160.250300.220150.258170.233420.852
1.50.203940.220340.212690.235690.223920.865
20.226870.240290.227220.269010.253480.843
2.50.219760.235290.250220.247890.260480.845
0.8560.8800.8500.8790.859ā€‰