In this paper, we provide Bayesian estimation for the parameters of the Pareto distribution based on simple random sample (SRS) and ranked set sampling (RSS) in two cases, one cycle and m-cycle. Posterior risk of the derived estimators are also obtained by using squared error loss (SEL). Two-sample Bayesian prediction for future observations are obtained by using SRS and RSS in two cases, one cycle and m-cycle. A simulation data for SRS and RSS for one cycle and two cycle are used to illustrate the results.
M. Mohie El-Din, M.; S. Kotb, M.; and A. Newer, H.
"Bayesian Estimation and Prediction for Pareto Distribution based on Ranked set Sampling,"
Journal of Statistics Applications & Probability: Vol. 4
, Article 3.
Available at: https://dc.naturalspublishing.com/jsap/vol4/iss2/3