Research Article
Bayesian Analysis of Record Statistic from the Inverse Weibull Distribution under Balanced Loss Function
Table 3
MSEs of the estimates of
under unbalanced loss functions at
.
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| 3 | 0.00301 | 0.00215 | 0.00202 | 0.00229 | 0.00241 | 0.00103 | 0.00113 | 0.00118 | 4 | 0.00202 | 0.00168 | 0.00160 | 0.00172 | 0.00188 | 0.00089 | 0.00094 | 0.00102 | 5 | 0.00140 | 0.00133 | 0.00127 | 0.00139 | 0.00154 | 0.00076 | 0.00081 | 0.00090 | 6 | 0.00091 | 0.00096 | 0.00092 | 0.00104 | 0.00106 | 0.00058 | 0.00065 | 0.00065 | 7 | 0.00058 | 0.00068 | 0.00066 | 0.00073 | 0.00076 | 0.00043 | 0.00047 | 0.00049 |
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