Estimation of Cut Point in Burr III Sequence under Linear Exponential Loss
Srivastava, Uma, Kumar, Harish · Zenodo (CERN European Organization for Nuclear Research) · 2022
This paper estimates the single cut-point in the mean of a Burr III Sequence and its scale parameters before and after the cut point. We introduce a strong estimator of the parameters with the help of Bayesian inference approach, by persevering these estimatorsin the criteria used to estimate the cut-point under Linear Exponential Loss Function. The simulation technique is used compare the estimators. Open-source R software is used in the simulation section. We have taken real data to estimate the parameters of the sequence and then hypothetical observations of the sequence to prove their robustness of the estimators.