Inverted exponential distribution as a life distribution model from a Bayesian viewpoint

Abstract

The Inverted Exponential Distribution is studied as a prospective life distribution. In this paper, we derive Bayes' estimators for the parameter θ of inverted exponential distribution. These estimators are obtained on the basis of squared error and LINEX loss functions. Comparisons in terms of risks with the estimate of θ under squared error loss and LINEX loss functions have been made. Finally, numerical study is given to illustrate the results.