In this paper, we propose to obtain the Bayesian estimators of unknown parameter of a three parameter gamma inverse Weibull distribution, based on non-informative and informative priors using different loss functions. A real life example has been used to compare the performance of the estimates under different loss functions
Digital Object Identifier (DOI)
Fatima, Kawsar and P. Ahmad, S.
"Bayesian Analysis of a Scale Parameter of a New Class of Generalized Inverse Weibull Distribution Using Different Loss Functions,"
Journal of Statistics Applications & Probability: Vol. 6
, Article 15.
Available at: https://dc.naturalspublishing.com/jsap/vol6/iss1/15