Analysis of Wilson‐Hilferty distribution under progressive Type‐II censoring.

A new re‐parameterize form of the Wilson‐Hilferty distribution for data modelling with increasing, decreasing and bathtub shape hazard rates has been considered. This paper takes into account the estimation for the unknown model parameters, reliability function and hazard function based on two frequentist methods and Bayesian method of estimation using Type‐II progressively censored data. In frequentist method, besides conventional likelihood based estimation, another competitive method, known as maximum product of spacing (MPS) method is proposed to estimate the model parameters, reliability function and hazard function as an alternative approach to the common likelihood method. In Bayesian paradigm, we have also considered the MPS function as an alternative to the traditional likelihood function and both are also discussed under the Bayesian set up for unknown parameters, reliability function and hazard function. Moreover, for all considered unknown quantities, the approximate confidence intervals under the proposed frequentist approaches as well as the Bayes credible intervals are constructed. Extensive Monte‐Carlo simulation studies are conducted to evaluate the performance of the proposed estimates with respect to various criteria quantities. Furthermore, we discuss an optimal progressive censoring plan among different competing censoring plans using three optimality criteria. Finally, to show the applicability of the proposed methodologies in a real‐life scenario, an engineering dataset is analysed. [ABSTRACT FROM AUTHOR]

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