Abdul Basit
National College of Business Administration and Economics (NCBA&E)
Pakistan
Title: Entropy of size-biased moment exponential distribution
Biography
Biography: Abdul Basit
Abstract
In this article we consider the entropies for some life time distributions and compare them for exponential distribution and size-biased moment exponential distribution. For this purpose, for each, a mathematical expression of entropy has been derived. We consider the two different distributions rather than the truncated distribution as studied in the literature. A new estimator of entropy has also been introduced and derived its properties. We calculate relative loss of entropy for size-biased moment exponential distribution. Empirical study and graphical presentation has been conducted to illustrate which entropy measure has advantages in terms of relative loss in entropy.