The Comparison Between Standard Bayes Estimators of the Reliability Function of Exponential Distribution
DOI:
https://doi.org/10.30526/31.3.2006Keywords:
standard Bayes estimator, loss function, IMSEAbstract
In this paper, a Monte Carlo Simulation technique is used to compare the performance of the standard Bayes estimators of the reliability function of the one parameter exponential distribution .Three types of loss functions are adopted, namely, squared error loss function (SELF) ,Precautionary error loss function (PELF) andlinear exponential error loss function(LINEX) with informative and non- informative prior .The criterion integrated mean square error (IMSE) is employed to assess the performance of such estimators