Research Article
Bayesian Analysis of Record Statistic from the Inverse Weibull Distribution under Balanced Loss Function
Table 1
MSEs of the estimates of
λ under unbalanced loss functions at
.
| | | | | | | | | | | |
| 3 | 4.74099 | 0.67399 | 1.23171 | 0.40932 | 0.27093 | 0.28015 | 0.35097 | 0.38773 | 4 | 1.79242 | 0.54569 | 0.89238 | 0.38813 | 0.26938 | 0.23260 | 0.28800 | 0.31639 | 5 | 1.12725 | 0.49252 | 0.74656 | 0.33540 | 0.24535 | 0.19347 | 0.23869 | 0.26409 | 6 | 0.79418 | 0.42079 | 0.60421 | 0.29610 | 0.23787 | 0.16385 | 0.20625 | 0.22221 | 7 | 0.52376 | 0.33702 | 0.46391 | 0.25716 | 0.19196 | 0.13900 | 0.17125 | 0.18800 |
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