Research Article

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

Table 4

The MSE values for all methods and sample sizes used in simulations when L = 2000.

ModelNMSEPriority order of methodsBest
MLINEXMOMMLEOLSMLINEXMOMMLEOLS

I100.09080.06100.07532.45123124MOM
500.03900.03210.01511.25713214MLE
1000.03200.03080.00671.05783214MLE
1500.03060.02930.00520.07433214MLE
II100.13210.05830.07841.98453124MOM
500.04320.03240.01561.12343214MLE
1000.03470.02990.00871.04513214MLE
1500.03100.02910.00530.65483214MLE
III100.09270.07400.08731.82573124MOM
500.04030.03730.02051.08713214MLE
1000.03410.03240.00990.82463214MLE
1500.03110.02980.00740.06873214MLE
IV100.20910.08040.12091.12483124MOM
500.09230.03820.02251.08353214MLE
1000.03770.03180.01250.54133214MLE
1500.03440.02890.00810.05793214MLE