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Bayesian analysis of generalized log-Burr family with R
Md Tanwir Akhtar1, Athar Ali Khan1
1Department of Statistics and Operations Research, Aligarh Muslim University, Aligarh, 202002 India.
Abstract:
Log-Burr distribution is a generalization of logistic and extreme value distributions, which are important reliability models. In this paper, Bayesian approach is used to model reliability data for log-Burr model using analytic and simulation tools. Laplace approximation is implemented for approximating posterior densities of the parameters. Moreover, parallel simulation tools are also implemented using 'LaplacesDemon' package of R.
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