Abstract

Sequential and two-stage point estimation procedures for the range of a power family distribution are discussed using a loss function from a fairly general class. Some asymptotic characteristics of the sequential procedure are presented, including approximate expressions for the distribution of the sample size. For the two stage procedure, we present asymptotic properties and exact expressions for the risk of the procedure, and distribution and mean of the stopping rule. The results of numerical simulations are presented to demonstrate some practical merits of our procedures for moderate sample sizes.

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