Abstract
This paper deals with the two sample Bayesian prediction problem for Pareto distribution when observations are mid-type II censored. Bayesian predictive distribution and corresponding prediction limits are obtained for a general kth ordered future observation. Finally performances of the proposed prediction limits have been studied for the smallest ordered future observation on the basis of Monte Carlo simulation study of 1000 randomly generated samples.
Author: Vastoshpati Shastri, Rakesh Ranjan and Deependra S. Pal
Received on: May, 2018
Accepted on: June, 2020