BAYESIAN ESTIMATION OF RELIABILITY AND HAZARD RATE FUNCTIONS OF A TWO PARAMETRIC DISTRIBUTION UNDER DIFFERENT PRIORS : A MATHEMATICAL STUDY

摘要

We have obtained the mathematical forms of Bayesian estimates of reliability and hazard rate functions for a two parametric new probability distribution (2019). The parameters alpha and theta of the distribution have been considered as random variables separately with different prior distributions for the purpose of Bayesian estimation.