On the Failure Rate Estimation for the Inverse Gaussian Distribution

Publication Type

Journal Article

Publication Date

2001

Abstract

Examines the inverse Gaussian failure rate based on the maximum likelihood predictive densities. Use of Monte Carlo simulation in comparing the estimators; Superiority of maximum likelihood estimators of the failure rate in bias and mean squared error; Sensitivity of the estimators.

Discipline

Economics

Research Areas

Econometrics

Publication

Journal of Statistical Computation and Simulation

Volume

71

Issue

3

First Page

201

Last Page

213

ISSN

0094-9655

Identifier

10.1080/00949650108812143

Publisher

Taylor and Francis

Additional URL

https://doi.org/10.1080/00949650108812143

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