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A semi-parametric class of distributions that includes several well-known lifetime distributions such as exponential, Weibull (one parameter), Pareto, Burr type XII and so on is considered in this paper. Bayes estimation of parameters of interest based on k-record data under balanced type loss functions is developed; and in some cases the admissibility or inadmissibility of the linear estimators is...
We study the problem of predicting future k-records based on k-record data for a large class of distributions, which includes several well-known distributions such as: Exponential, Weibull (one parameter), Pareto, Burr type XII, among others. With both Bayesian and non-Bayesian approaches being investigated here, we pay more attention to Bayesian predictors under balanced type loss functions as introduced...
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