Research Article

Selection of Efficient Parameter Estimation Method for Two-Parameter Weibull Distribution

Table 2

The MSE values for all methods and sample sizes used in simulations when L = 500.

ModelNMSEPriority order of methodsBest
MLINEXMOMMLEOLSMLINEXMOMMLEOLS

I100.09040.05310.07311.89713124MOM
500.03910.03550.01380.95123214MLE
1000.03060.02940.00640.82143214MLE
1500.02970.02780.00430.09843214MLE
II100.14460.06390.08692.14573124MOM
500.04320.03170.01390.87423214MLE
1000.03410.02990.00790.06573214MLE
1500.03240.02830.00530.74213214MLE
III100.09290.02650.08651.69713124MOM
500.04010.03820.01840.81453214MLE
1000.03480.03140.00960.09853214MLE
1500.03110.02960.00610.07453214MLE
IV100.20490.08180.11540.87423124MOM
500.05040.03670.02410.09543214MLE
1000.03810.03120.01160.05123214MLE
1500.03430.03000.00810.04513214MLE