Construction of Almost Unbiased Estimator for Population Mean Using Neutrosophic Information

Construction of Almost Unbiased Estimator for Population Mean Using Neutrosophic Information
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Publisher : Infinite Study
Total Pages : 15
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Book Synopsis Construction of Almost Unbiased Estimator for Population Mean Using Neutrosophic Information by : Rajesh Singh

Download or read book Construction of Almost Unbiased Estimator for Population Mean Using Neutrosophic Information written by Rajesh Singh and published by Infinite Study. This book was released on 2024-01-01 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: In classical statistics, the population mean is estimated using determinate, crisp data value when auxiliary information is known. These estimates can often be biased. The main objective of this study is to introduce the neutrosophic estimator with the minimum mean squared error (MSE) for the unknown value of the population mean as well as overcome the limitations of classical statistics when dealing with ambiguous or indeterminate data. Neutrosophic statistics was introduced by Florentin Smarandache. It is a generalisation of classical statistics that addresses ambiguous, unclear, vague, and indeterminate data. In this study, we have proposed neutrosophic almost unbiased estimator that use known neutrosophic auxiliary parameters to estimate the neutrosophic population mean of the primary variable. Equations for bias and mean squared error are calculated for the suggested estimators up to the first order of approximation. The proposed estimator performs better than the other existing estimators with respect to the MSE and percent relative efficiency (PRE) criteria. The estimator with the highest PRE or lowest MSE is advised for practical utility in various kinds of application areas. The theoretical conclusions are validated by the empirical analysis, which made use of the real data sets.


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