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On Statistical Inference of Generalized Pareto Distribution with Jointly Progressive Censored Samples with Binomial Removal

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A jointly censored sample is a very useful sampling technique in conducting comparative life tests of the products, its efficiency appears in permitting the selection of two samples from two… Click to show full abstract

A jointly censored sample is a very useful sampling technique in conducting comparative life tests of the products, its efficiency appears in permitting the selection of two samples from two manufacturing lines at the same time and conducting a life-testing experiment. This article presents estimation information of the joint generalized Pareto distributions parameters using Type-II progressive censoring scheme, which is carried out with binomial removal. The generalized Pareto distribution has many applications in different fields. We outline the problem of parameter estimation using the frequentest maximum likelihood and the Bayesian estimation methods. Furthermore, different interval estimation methods for estimating the four parameters were used: the asymptotic property of the maximum likelihood estimator, the credible confidence intervals, and the Bootstrap confidence intervals. The detailed numerical simulations have been considered to compare the performance of the proposed estimates. In addition, the applicability of the joint generalized Pareto censored model has been performed by applying a real data example.

Keywords: generalized pareto; inference generalized; binomial removal; pareto distribution; statistical inference

Journal Title: Mathematical Problems in Engineering
Year Published: 2023

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