Exact prediction intervals for future current records and record range from any continuous distribution

In this paper, a general method for predicting future lower and upper current records and record range from any arbitrary continuous distribution is proposed. Two pivotal statistics with the same explicit distribution for lower and upper current records are developed to construct prediction interval...

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Detalles Bibliográficos
Autores: Barakat, H. M., Nigm, E. M., Aldallal, R. A.
Tipo de recurso: artículo
Fecha de publicación:2014
País:España
Institución:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:128149
Acceso en línea:https://ddd.uab.cat/record/128149
Access Level:acceso abierto
Palabra clave:Current record values
Record range
Pivotal quantity
Prediction interval
Coverage
Probability
Descripción
Sumario:In this paper, a general method for predicting future lower and upper current records and record range from any arbitrary continuous distribution is proposed. Two pivotal statistics with the same explicit distribution for lower and upper current records are developed to construct prediction intervals for future current records. In addition, prediction intervals for future observations of the record range are constructed. A simulation study is applied on normal and Weibull distributions to investigate the efficiency of the suggested method. Finally, an example for real lifetime data with unknown distribution is analysed.