Abstract

The E-Bayesian estimation approach has been presented for estimating the parameter and/or reliability characteristics of various models. Several investigations in the literature have considered this method under the assumption that just one parameter is unknown. So, based on Type-II censoring, this study proposes for the first time an effort to use the E-Bayesian estimation approach to estimate the full model parameters as well as certain related functions such as the reliability and hazard rate functions. To illustrate this purpose, we apply the proposed technique to the two-parameter generalized inverted exponential distribution which can be considered to be one of the most flexible asymmetrical probability distributions. Moreover, the E-Bayesian method, maximum likelihood, and Bayesian estimation approaches are also considered for comparison purposes. Under the assumption of independent gamma priors, the Bayes and E-Bayes estimators are developed using the symmetrical squared error loss function. Due to the complex form of the joint posterior density, two approximation techniques, namely the Lindley and Markov chain Monte Carlo methods, are considered to carry out the Bayes and E-Bayes estimates and also to construct the associate credible intervals. Monte Carlo simulations are performed to assess the performance of the proposed estimators. To demonstrate the applicability of the proposed methods in real phenomenon, one real data set is analyzed and it shows that the proposed method is effective and easy to operate in a real-life scenario.

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