Research Article
Bayesian Analysis of Record Statistic from the Inverse Weibull Distribution under Balanced Loss Function
Table 4
MSEs of the estimates of
under balanced loss functions at
.
| | | | | | | | | | |
| 3 | 0.00191 | 0.00202 | 0.00229 | 0.00241 | 0.00099 | 0.00110 | 0.00115 | 4 | 0.00148 | 0.00160 | 0.00172 | 0.00188 | 0.00085 | 0.00091 | 0.00099 | 5 | 0.00114 | 0.00127 | 0.00139 | 0.00154 | 0.00072 | 0.00078 | 0.00086 | 6 | 0.00078 | 0.00092 | 0.00104 | 0.00106 | 0.00054 | 0.00061 | 0.00062 | 7 | 0.00051 | 0.00065 | 0.00073 | 0.00075 | 0.00039 | 0.00044 | 0.00045 |
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