Log-mean distribution: applications to medical data, survival regression, Bayesian and non-Bayesian discussion with MCMC algorithm. Issue 5 (4th April 2023)

• Record Type: Journal Article
• Authors: Kharazmi, O.; Hamedani, G. G.; Cordeiro, G. M.
• Is Part Of: Journal of applied statistics. Volume 50:Issue 5(2023)
• Page Start: 1152
• Page End: 1177
• Publication Date: 2023-04-04
• Subjects: Bayes estimators -- credible intervals -- loss function -- log mean -- posterior risk -- survival regression; Statistics -- Periodicals; 519.5
• DOI: 10.1080/02664763.2021.2023117
• Languages: English
• ISSNs: 0266-4763

Abstract

Abstract : We introduce a new family via the log mean of an underlying distribution and as baseline the proportional hazards model and derive some important properties. A special model is proposed by taking the Weibull for the baseline. We derive several properties of the sub-model such as moments, order statistics, hazard function, survival regression and certain characterization results. We estimate the parameters using frequentist and Bayesian approaches. Further, Bayes estimators, posterior risks, credible intervals and highest posterior density intervals are obtained under different symmetric and asymmetric loss functions. A Monte Carlo simulation study examines the biases and mean square errors of the maximum likelihood estimators. For the illustrative purposes, we consider heart transplant and bladder cancer data sets and investigate the efficiency of proposed model.