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article · International Journal of Modelling and Simulation

Reliability analysis of two Gompertz populations under joint progressive type-ii censoring scheme based on binomial removal

Abstract

Analysis of jointly censoring schemes has received considerable attention in the last few years. In this paper, maximum likelihood and Bayes methods of estimation are used to estimate the unknown parameters of two Gompertz populations under a joint progressive Type-II censoring scheme. Bayesian estimations of the unknown parameters are obtained based on squared error loss functions under the assumption of independent gamma priors. We propose to apply the Markov Chain Monte Carlo technique to carry out a Bayes estimation procedure. The approximate, bootstrap, and credible confidence intervals for the unknown parameters are also obtained. Also, reliability and hazard rate function of the two Gompertz populations under joint progressive Type-II censoring scheme is obtained and the corresponding approximate confidence intervals. Finally, all the theoretical results obtained are assessed and compared using two real-world data sets and Monte Carlo simulation studies.

Research topics

  • Statistical Distribution Estimation and Applications
  • Statistical Methods and Bayesian Inference
  • Insurance, Mortality, Demography, Risk Management

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DOI: 10.1080/02286203.2023.2169570

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