In this paper, the Exponential-Lomax distribution is considered for Bayesian analysis. The expressions for Bayes estimators of the parameter have been derived under squared error, precautionary, entropy, K-loss, and Al-Bayyati’s loss functions by using quasi and gamma priors.
Bayesian method, Exponential-Lomax distribution, Quasi and gamma priors, Squared error, Precautionary, Entropy, K-loss and Al-Bayyati’s loss functions
