Abstract
In this paper, we provide an entropy inference method that is based on an objective Bayesian approach for upper record values having a two-parameter logistic distribution. We derive the entropy that is based on the i-th upper record value and the joint entropy that is based on the upper record values. Moreover, we examine their properties. For objective Bayesian analysis, we obtain objective priors, namely, the Jeffreys and reference priors, for the unknown parameters of the logistic distribution. The priors are based on upper record values. Then, we develop an entropy inference method that is based on these objective priors. In real data analysis, we assess the quality of the proposed models under the objective priors and compare them with the model under the informative prior.
Original language | English |
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Article number | 208 |
Journal | Entropy |
Volume | 19 |
Issue number | 5 |
DOIs | |
State | Published - 1 May 2017 |
Keywords
- Entropy
- Logistic distribution
- Objective Bayesian analysis
- Upper record value