• Journal of the Korean Data and Information Science Society
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• v.14 no.1
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• pp.113-118
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• 2003

In this paper, We assume that strengths of two components system follow a bivariate pareto distribution. And these two components are subjected to a common stress which is independent of the strength of the components. We obtain maximum likelihood estimator(MLE) for the system reliability from stress-strength relationship. Also we derive asymptotic properties of the MLE and present a numerical study.

• Journal of the Korean Data and Information Science Society
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• v.20 no.6
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• pp.1213-1223
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• 2009

In this paper, we develop noninformative priors for two parameter Pareto distribution. Specially, we derive Jereys' prior, probability matching prior and reference prior for the parameter of interest. In our case, the probability matching prior is only a first order matching prior and there does not exist a second order matching prior. Some simulation reveals that the matching prior performs better to achieve the coverage probability. A real example is also considered.

• Journal of the Chungcheong Mathematical Society
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• v.22 no.2
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• pp.149-153
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• 2009

Let {$X_{n},\;n\;\geq\;1$} be a sequence of independent and identically distributed random variables with absolutely continuous cumulative distribution function (cdf) F(x) and probability density function (pdf) f(x). Suppose $X_{U(m)},\;m = 1,\;2,\;{\cdots}$ be the upper record values of {$X_{n},\;n\;\geq\;1$}. It is shown that the linearity of the conditional expectation of $X_{U(n+2)}$ given $X_{U(n)}$ characterizes the lomax, exponential and pareto distributions.

• Journal of the Korean Data and Information Science Society
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• v.24 no.6
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• pp.1521-1529
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• 2013

In this paper, we develop noninformative priors for the generalized Pareto distribution when the scale parameter is of interest. We developed the rst order and the second order matching priors. We revealed that the second order matching prior does not exist. It turns out that the reference prior and Jeffrey's prior do not satisfy a first order matching criterion, and Jeffreys' prior, the reference prior and the matching prior are different. Some simulation study is performed and a real example is given.

• Communications for Statistical Applications and Methods
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• v.8 no.1
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• pp.249-256
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• 2001

We shall derive the MLE and UMVUE of Lorenz Curve and Gini Index in a Pareto distribution with the pdf(1.1) and their variances. And compare mean square errors(MSE) of the MLE and UMVUE of the Lorenz Curve and Gini Index in a Pareto distribution with pdf(1.1).

• Communications for Statistical Applications and Methods
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• v.18 no.6
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• pp.817-835
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• 2011

The moment(MM) and least squares(LS) estimations of the parameters are derived for the Pareto distribution in the presence of outliers. Further, we have derived a mixture method(MIX) of estimations with MM and LS that shows that the MIX is more efficient. In the final section we have given an example of actual data from a medical insurance company.

• Journal of Industrial Convergence
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• v.18 no.3
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• pp.19-25
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• 2020

In the software development process, software reliability evaluation is a very important issue. In particular, finding the optimal development model that satisfies high reliability is the more important task for software developers. For this, in this study, Pareto and Erlang life distributions were applied to the finite failure NHPP model to evaluate the reliability attributes. For this purpose, parametric estimation is applied to the maximum likelihood estimation method, and nonlinear equations are calculated using the bisection method. As a result, the Erlang model showed better performance than the Pareto model in the evaluation of the strength function and the mean value function. Also, as a result of inputting future mission time and evaluating reliability, the Erlang model showed an effectively high trend together with the Pareto model, while the Goel-Okumoto basic model showed a decreasing trend. In conclusion, the Erlang model is the best model among the proposed models. Through this study, it is expected that software developers will be able to use it as a basic guideline for exploring and evaluating the optimal software reliability model.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.31 no.3B
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• pp.277-284
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• 2011

The limitations of existing Markov chain model for reproducing extreme rainfalls are a known problem, and the problems have increased the uncertainties in establishing water resources plans. Especially, it is very difficult to secure reliability of water resources structures because the design rainfall through the existing Markov chain model are significantly underestimated. In this regard, aims of this study were to develop a new daily rainfall simulation model which is able to reproduce both mean and high order moments such as variance and skewness using a piecewise Kernel-Pareto distribution. The proposed methods were applied to summer and fall season rainfall at three stations in Han river watershed in Korea. The proposed Kernel-Pareto distribution based Markov chain model has been shown to perform well at reproducing most of statistics such as mean, standard deviation and skewness while the existing Gamma distribution based Markov chain model generally fails to reproduce high order moments. It was also confirmed that the proposed model can more effectively reproduce low order moments such as mean and median as well as underlying distribution of daily rainfall series by modeling extreme rainfall separately.

• Journal of the Korean Data and Information Science Society
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• v.21 no.2
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• pp.335-343
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• 2010

In this paper, we develop the reference priors for the common scale parameter in the nonregular Pareto distributions with unequal shape paramters. We derive the reference priors as noninformative prior and prove the propriety of joint posterior distribution under the general prior including the reference priors. Through the simulation study, we show that the proposed reference priors match the target coverage probabilities in a frequentist sense.

• Journal of the Korean Data and Information Science Society
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• v.14 no.4
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• pp.799-803
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• 2003

We obtained the best linear unbiased estimator for the scale parameter of the generalized Pareto Distribution by the order statistics.