Estimation and Reconstruction Based on Left Censored Data from Pareto Model

Authors

Abstract

In this paper, based on a left censored data from the twoparameter Pareto distribution, maximum likelihood and Bayes estimators for the two unknown parameters are obtained. The problem of reconstruction of the past failure times, either point or interval, in the left-censored set-up, is also considered from Bayesian and non-Bayesian approaches. Two numerical examples and a Monte Carlo simulation study are given for illustrative purposes.

Keywords

Volume 13, Issue 2
December 2014
Pages 151-175
  • Receive Date: 23 July 2022
  • Revise Date: 12 May 2024
  • Accept Date: 23 July 2022