Research Article
Bayesian Analysis of the Weibull Paired Comparison Model Using Numerical Approximation
Table 3
Bayes estimates (BEs) and posterior risks (PRs) using Jeffreys prior.
| Loss functions | Parameters | | | | | |
| SELF | 0.2253 (0.0001) | 0.2346 (0.0002) | 0.2060 (0.0003) | 0.1625 (0.0005) | 0.1716 (0.0007) | PLF | 0.2256 (0.0005) | 0.2354 (0.0006) | 0.2050 (0.0004) | 0.1638 (0.0007) | 0.1701 (0.0009) | QLF | 0.2242 (0.0023) | 0.2356 (0.0024) | 0.2063 (0.0022) | 0.1628 (0.0029) | 0.1711 (0.0027) | DLF | 0.2258 (0.0024) | 0.2345 (0.0023) | 0.2065 (0.0026) | 0.1630 (0.0029) | 0.1702 (0.0026) |
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