Choose the optimal value for the contraction parameter (K) for Shrinkage way to control data type II hybrid
Abstract
A Hybrid censoring scheme is a mixture of type-I and type-II censoring schemes. In this research we used maximum likelihood method and shrinkage method when we take deferent values for the shrinkage parameter (K) and determined the optimal value for the shrinkage parameter. The mean square error is used to comparison between the two methods by using simulation and so used real life data, when the data are Burr-XII distribution for three parameters.
Keywords
Burr-XII distribution, Maximum Likelihood Method, Shrinkage Method, Type-II Hybrid censoring.Metrics