More efficient approaches to the exponentiated half-logistic distribution based on record values

AbstractThe exponentiated half-logistic distribution has various shapes depending on its shape parameter. Therefore, this paper proposes more efficient approach methods for estimating shape parameters in the presence of a nuisance parameter, that is, a scale parameter, from Bayesian and non-Bayesian perspectives if record values have an exponentiated half-logistic distribution. In the frequentist approach, estimation methods based on pivotal quantities are proposed which require no complex computation unlike the maximum likelihood method. In the Bayesian approach, a robust estimation method is developed by constructing a hierarchical structure of the parameter of interest. In addition, two approaches address how the nuisance parameter can be dealt with and verifies that the proposed methods are more efficient than existing methods through Monte Carlo simulations and analyses based on real data.