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Bayes estimators of the shape parameters of a generalized gamma type model. (English) Zbl 1247.62096

Summary: Bayes estimators of the shape parameters of a generalized gamma type model are obtained for different priors using Lindley’s approach. Bayes estimators of reliability and hazard rate functions have also been discussed. The calculations have been illustrated with the help of numerical examples.

MSC:

62F15 Bayesian inference
62F10 Point estimation
62N05 Reliability and life testing
65C60 Computational problems in statistics (MSC2010)