The Weibull Generalized Exponential Distribution with Censored Sample: Estimation and Application on Real Data

Algorithm 1

(1)	Start with any initial values satisfying .
(2)	Using the initial value, sample a candidate point from the proposal .
(3)	For t = 0 to N (a huge number 10,000, for example), given the candidate point , calculate the acceptance probability .
(4)	Draw a value u from the uniform (0, 1) distribution .
(5)	Repeat steps 2–4, times until we get draws.
(6)	The Bayes estimate of , with respect to squared error loss function is .
(7)	Repeat the above steps times to get a Bayesian estimate of .