In this manuscript, the maximum likelihood estimators and Bayes estimators for the parameters of the modified Frechet–exponential distribution. Because the Bayes estimators cannot be obtained in closed forms, the approximate Bayes estimators are computed using the idea of Lindley’s approximation method under squared-error loss function. Then, the approximate Bayes estimates are compared with the maximum likelihood estimates in terms of mean square error and bias values using Monte Carlo simulation. Finally, real data sets belonging to COVID-19 death cases in Europe and China to are used to demonstrate the emprical results belonging to the approximate Bayes estimates, the maximum likelihood estimates.
Modified Frechet–Exponential distribution Bayes estimator Lindley’s approximation Monte Carlo simulation Squared-error loss function.
Primary Language | English |
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Subjects | Biostatistics, Statistical Analysis, Statistical Theory, Probability Theory |
Journal Section | Natural Sciences |
Authors | |
Publication Date | September 29, 2023 |
Submission Date | June 28, 2023 |
Acceptance Date | September 12, 2023 |
Published in Issue | Year 2023Volume: 44 Issue: 3 |