Bayesian Analysis for Generalized Rayleigh Distribution
Abstract
The generalized Rayleigh distribution (GRD) is considered to be a very useful life distribution. In this paper, we obtain Bayesian estimation of the shape parameter of the two-parameter Generalized Rayleigh distribution using single and double priors. A simulation study is conducted in R software to compare the different priors.
Key Words: Bayes estimation, double prior, hyper parameter, posterior distribution, posterior predictive distribution.
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ISSN (Paper)2224-5804 ISSN (Online)2225-0522
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