A comparison of the two shape parameters estimation methods for exponentiated inverted Weibull distribution

In this study, a comparison of performance among four different methods Method of Moments (MOM), Maximum Likelihood Estimation (MLE), the Least-squares method (LSM) and Percentile Methods (Dubey (1967)) of estimating the parameters of the Exponentiated Inverted Weibull (EIW) distribution was done using Two shape parameters. These values were generated by simulation and methods were compared interms of the MSE. Based on the sample sizes and parameters considered for Two parameters Exponentiated Inverted Weibull (EIW) distribution taking into consideration. The aim to find the best methods to the Two parameters Exponentiated Inverted Weibull (EIW) distribution.

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Publication Details

Journal
International Journal of Statistics and Applied Mathematics
Published
2024-11-01
DOI
https://doi.org/10.22271/maths.2024.v9.i6c.1924
Primary Topic
Optical measurement and interference techniques
Type
article
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article

A comparison of the two shape parameters estimation methods for exponentiated inverted Weibull distribution

V Sastry, V. Reddy, P Seshu Babu
International Journal of Statistics and Applied Mathematics
Optical measurement and interference techniques
article

A comparison of the two shape parameters estimation methods for exponentiated inverted Weibull distribution

V Sastry, V. Reddy, P Seshu Babu
article en

Abstract

In this study, a comparison of performance among four different methods Method of Moments (MOM), Maximum Likelihood Estimation (MLE), the Least-squares method (LSM) and Percentile Methods (Dubey (1967)) of estimating the parameters of the Exponentiated Inverted Weibull (EIW) distribution was done using Two shape parameters. These values were generated by simulation and methods were compared interms of the MSE. Based on the sample sizes and parameters considered for Two parameters Exponentiated Inverted Weibull (EIW) distribution taking into consideration. The aim to find the best methods to the Two parameters Exponentiated Inverted Weibull (EIW) distribution.

International Journal of Statistics and Applied MathematicsVol. 9(6)
Openalex Percentile: Top 76%
Optical measurement and interference techniques
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