Bayesian Estimation for the Pareto Life Time Model with Doubly Censored Observations

Document Type : Original Article

Author

Faculty of Economics & Political Science, Dep. of Statistics, Cairo University

Abstract

Bayesian estimation of the parameters of Pareto life time distribution is considered. The parameters of interest are the shape and scale parameters, reliability and hazard rate. Inferences are based on doubly censored observations when the data is both left and right censored. In addition to point estimators, credible regions for the parameters of interest are considered.
 

Keywords