Minimum Message Length Inference of the Exponential Distribution with Type I Censoring

Data with censoring is common in many areas of science and the associated statistical models are generally estimated with the method of maximum likelihood combined with a model selection criterion such as Akaike’s information criterion. This manuscript demonstrates how the information theoretic mini...

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Detalles Bibliográficos
Autores principales: Enes Makalic, Daniel Francis Schmidt
Formato: article
Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/7e84639a565c42d8a823cd963433e248
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Sumario:Data with censoring is common in many areas of science and the associated statistical models are generally estimated with the method of maximum likelihood combined with a model selection criterion such as Akaike’s information criterion. This manuscript demonstrates how the information theoretic minimum message length principle can be used to estimate statistical models in the presence of type I random and fixed censoring data. The exponential distribution with fixed and random censoring is used as an example to demonstrate the process where we observe that the minimum message length estimate of mean survival time has some advantages over the standard maximum likelihood estimate.