Bayesian Estimation of Shape Parameter of Erlang Distribution under Precautionary Loss Function
Keywords:
Consul and Geeta prior, erlang distribution, precautionary loss functionAbstract
Erlang distribution is considered. Bayesian method of estimation is employed in order to estimate the shape
parameter of Erlang distribution by using Consul and Geeta priors. In this paper, the Bayes estimators of
the shape parameter have been obtained under precautionary loss function.