Mathematics
6 years ago

New method improves accuracy of estimating ordered quantiles for exponential populations.

Communication in Statistics- Theory and Methods
Estimating ordered quantiles of two exponential populations with a common minimum guarantee time
Adarsha Kumar Jena, Manas Ranjan Tripathy

Paper Summary

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The article discusses how to estimate ordered quantiles of two groups with the same minimum time, using a specific method. By creating new estimators based on maximum likelihood estimates, the researchers found ways to improve upon existing estimators. They tested these new estimators using simulations and provided recommendations for their practical use.