Reliability Analysis for the Pareto Model Based on the Progressive Type II Censored Sample

摘要

In this article, maximum likelihood and Bayesian estimators for the shape parameter, reliability, and failure rate functions of the Pareto distribution are derived based on progressive Type II censored samples. We obtained Bayesian estimators under the quadratic and LINEX loss function, when choosing the conjugate prior distribution for the unknown parameter. In order to investigate the accuracy of estimations, an illustrative example is examined numerically by means of Monte-Carlo simulation.