Research Article

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

Table 3

The MSE values for all methods and sample sizes used in simulations when L = 1000.

ModelNMSEPriority order of methodsBest
MLINEXMOMMLEOLSMLINEXMOMMLEOLS

I100.09460.05720.07312.16453124MOM
500.03910.03380.01421.12453214MLE
16000.03240.02880.00740.95423214MLE
1500.02940.02830.00460.84213214MLE
II100.13410.05900.08022.25413124MOM
500.04100.03380.01461.19873214MLE
1000.07410.03920.02820.87413214MLE
1500.03110.02840.00560.04153214MLE
III100.09490.07800.08892.02453124MOM
500.04010.03850.01931.79513214MLE
1000.03260.03180.00991.62813214MLE
1500.03150.02880.00690.07823214MLE
IV100.21120.07440.11902.35473124MOM
500.09380.03720.02291.84163214MLE
1000.03970.03240.01180.68743214MLE
1500.03440.02910.00790.07463214MLE