R = P(Y < X) for unit-Lindley distribution: inference with an application in public health
Abstract
The unit-Lindley distribution was recently introduced in the literature as a viable alternative to the Beta and the Kumaraswamy distributions with support in (0; 1). This distribution enjoys many virtuous properties over the named distributions. In this article, we address the issue of parameter estimation from a Bayesian perspective and study relative performance of different estimators through extensive simulation studies. Significant emphasis is given to the estimation of stress-strength reliability employing classical as well as Bayesian approach. A non-trivial useful application in the public health domain is presented proposing a simple metric of discrepancy.
- Publication:
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arXiv e-prints
- Pub Date:
- April 2019
- DOI:
- arXiv:
- arXiv:1904.06181
- Bibcode:
- 2019arXiv190406181B
- Keywords:
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- Statistics - Methodology
- E-Print:
- 16 pages, 5 tables, version 2