Bayes inference under a finite mixture of two-compound Gompertz components model
Reem A. Al-Jarallah, Essam K. AL-Hussaini · Journal of Statistical Computation and Simulation · 2007
This paper consists of two parts: the first part covers the Bayes estimation of the parameters of a hetrogeneous population represented by a finite mixture of two compound Gompertz components. An objective indifferent prior is assumed and the Markov Chain Monte Carlo algorithm is used in the computations of the estimates. In the second part, Bayes prediction of future observables, based on a two-sample scheme is developed.