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Bayesian Sequential Estimation of the Inverse of the Pareto Shape Parameter
| Content Provider | Scilit |
|---|---|
| Author | Tahir, Mohamed |
| Copyright Year | 2016 |
| Description | The problem addressed is that of developing a sequential procedure for estimating the inverse of the shape parameter of the Pareto distribution under the squared loss, assuming that the shape parameter is the value of a random variable having a density function with compact support and that the cost per observation is one unit. A stopping time is proposed and a second-order asymptotic expansion is obtained for the Bayes regret incurred by the proposed procedure. |
| ISSN | 19277032 |
| e-ISSN | 19277040 |
| DOI | 10.5539/ijsp.v5n3p49 |
| Journal | International Journal of Statistics and Probability |
| Issue Number | 3 |
| Volume Number | 5 |
| Language | English |
| Publisher | Canadian Center of Science and Education |
| Publisher Date | 2016-04-08 |
| Access Restriction | Open |
| Subject Keyword | Automotive Engineering Shape Parameter Pareto Distribution Sequential Estimation Bayesian Sequential Pareto Shape Sequential Procedure Squared Loss Bayes Regret Regret Incurred |
| Content Type | Text |
| Resource Type | Article |