期刊名称:Journal of Modern Applied Statistical Methods
出版年度:2016
卷号:15
期号:2
页码:32
出版社:Wayne State University
摘要:Lognormal distribution has many applications. The past research papers concentrated on the estimation of the mean of this distribution. This paper develops credible interval for the median of the lognormal distribution. The estimated coverage probability and average length of the credible interval is compared with the confidence interval using Monte Carlo simulation.
关键词:Lognormal distribution; credible interval; coverage probability; confidence interval; Monte Carlo simulation