Research Article
On Modeling the Earthquake Insurance Data via a New Member of the T-X Family
Table 10
Bayesian estimates and their posterior risks of the parameters under different loss functions based on the earthquake insurance data.
| Bayes | | | | Loss functions | Estimate | Risk | Estimate | Risk | Estimate | Risk |
| SELF | 2.34808 | 0.00048 | 0.56078 | 0.00113 | 2.35742 | 0.08661 | WSELF | 2.34787 | 0.00020 | 0.55876 | 0.00201 | 2.32162 | 0.03580 | MSELF | 2.34766 | 8.90e − 05 | 0.55675 | 0.00359 | 2.28686 | 0.01497 | PLF | 2.34819 | 0.00020 | 0.56179 | 0.00202 | 2.37572 | 0.03659 | KLF | 2.34798 | 8.879e − 05 | 0.55977 | 0.00360 | 2.33945 | 0.01536 |
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