Minimum Area Confidence Region for Weibull Distribution Based on Records
Junmei Zhou, Fen Jiang, Jin Zhang
Revstat Statistical Journal · 2021
doi:10.57805/revstat.v19i1.334 (opens in a new tab)
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Abstract
Record values are commonly seen in real life applications, and many important studies on record values relate to Weibull distributions. Based on record values, we establish the minimum area confidence region for the two-parameter Weibull distribution, which is shown to be superior to the classical confidence regions for having smaller expected area.
Abstract licence: CC BY
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