Abstract

Estimation of the parameters of Weibull distribution is considered using different methods of estimation based on different sampling schemes namely, Simple Random Sample (SRS), Ranked Set Sample (RSS), and Modified Ranked Set Sample (MRSS). Methods of estimation used are Maximum Likelihood (ML), Method of moments (Mom), and Bayes. Comparison between estimators is made through simulation via their Biases, Relative Efficiency (RE), and Pitman Nearness Probability (PN). Estimators based on RSS and MRSS have many advantages over those that are based on SRS.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

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.