Statistical inference for the Weibull distribution based on delta-records
New inferential procedures based on delta-records are developed for the Weibull distribution. Maximum likelihood and Bayesian approaches for parameter estimation and prediction of future records are considered. The new estimators are compared with those based only on records, by means of Monte Carlo simulations, concluding that the use of delta-records is advantageous and can be recommended. An example using real data is also discussed.
Palabras clave / Keywords: Bayesian approach delta-record maximum likelihood parameter estimation Weibull distribution
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