Document Type
Report
Source Publication Title
Technical Report 73
Abstract
There are available several classical point estimators of the guarantee time (location parameter) in a two-parameter exponential failure model. For the purpose of making a pairwise comparison of the estimators, a two-fold technique is introduced which essentially examines (a) the "odds" in favor of an estimator being closer to the true value than is a competing estimator and (b) an estimator's average closeness given that it is closer to the true value as well as given that it is not. Closeness to the true value is measured through an absolute error loss function. Joint consideration of these concepts is discussed and shown to form a basis for determining which of two estimators is preferred in a given situation.
Disciplines
Mathematics | Physical Sciences and Mathematics
Publication Date
1-1-1977
Language
English
License
This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.
Recommended Citation
Dyer, Danny D., "Estimation of the Guarantee Time in a Two-Parameter Exponential Failure Model" (1977). Mathematics Technical Papers. 130.
https://mavmatrix.uta.edu/math_technicalpapers/130