Abstract
Summary Let F(x) be the c.d.f. for some population of life times. For real numbers t 1<t 2<…<tk, where F(t l)>0 and F(tk)<l, let p 1 = F(t l) and pi = F(ti) – F(ti –1) for i = 2, 3,…, k. A generalized Dirichlet prior distribution for p = (pl …,pk) having density function f(p)∝Πi=1kpiαi−1(1−p1−…−pi)γi is considered. An intuitive justification for using this density is given and its properties are studied. Comparisons are made between this distribution and the Dirichlet distribution. The posterior distribution of F(ti) is also considered.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Journal of the Royal Statistical Society Series B: Statistical Methodology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.