Research Article

Ridge Regression Method and Bayesian Estimators under Composite LINEX Loss Function to Estimate the Shape Parameter in Lomax Distribution

Table 2

MSE values for bayes estimators of with extended Jeffrey’s prior.

Cases

200.14570.12980.11770.10810.14640.14760.1511
400.06450.06110.05600.05320.06450.06210.0614
600.04080.03930.03710.03710.04080.03970.0408
800.03020.02940.02920.02750.03030.03070.0296
1000.02370.02320.02300.02230.02370.02390.0237

II200.25510.22000.19610.18030.25740.26280.2776
400.11260.10500.09670.09520.11280.11040.1151
600.07020.06700.06550.06320.07030.07160.0708
800.05260.05080.05040.04800.05260.05360.0526
1000.04120.04000.03970.03880.04120.04190.0415

III200.39950.33470.29220.27270.40510.41890.4535
400.17430.16010.15170.14410.17480.17800.1794
600.11160.10540.10120.09850.11170.11260.1121
800.08070.07740.07290.07230.08080.07860.0805
1000.06680.06460.06000.05960.06680.06360.0646