Bayes Estimation in the Inverse Rayleigh Model

Abstract

The properties of Bayes estimates of the parameter, reciprocal of the parameter, reliability function and hazard rate have been studied for the inverse Rayleigh model under two different loss functions in the present paper. We also predict the future order statistic based on the observed ordered statistic and obtain the prediction intervals for unobserved order statistic under One and Two – Sample prediction technique.