Bayesian Approach: Chen Distribution Analysis For Record Values Through MCMC Techniques

  • Unique Paper ID: 163915
  • Volume: 10
  • Issue: 12
  • PageNo: 45-47
  • Abstract:
  • The Bayes estimate of the Chen distribution’s unknown parameters when the data is upper in record values. We present the Bayes estimators and assume Jeffrey’s priors on the unknown parameters based on the squared error loss function. Bayes estimators can be generated using numerical integration, but they cannot be obtained explicitly. As a result, we generated a posterior sample using the MCMC method. The evaluation of the results is summarized through a real data.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{163915,
        author = {Sabhiya Singh and Prof. Rajeev Pandey},
        title = {Bayesian Approach: Chen Distribution Analysis For Record Values Through MCMC Techniques},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {10},
        number = {12},
        pages = {45-47},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=163915},
        abstract = {The Bayes estimate of the Chen distribution’s unknown parameters when the data is upper in record values. We present the Bayes estimators and assume Jeffrey’s priors on the unknown parameters based on the squared error loss function. Bayes estimators can be generated using numerical integration, but they cannot be obtained explicitly. As a result, we generated a posterior sample using the MCMC method. The evaluation of the results is summarized through a real data.},
        keywords = {Chen distribution, Record Values, Bayesian Estimation, Simulation and MCMC Techniques.},
        month = {},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 10
  • Issue: 12
  • PageNo: 45-47

Bayesian Approach: Chen Distribution Analysis For Record Values Through MCMC Techniques

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