We suggest a new method for constructing an efficient point predictor for the future order statistics when the sample size is a random variable. The suggested point predictor is based on some characterization properties of the distributions of order statistics. For several distributions, including the mixture distribution, the performance of the suggested predictor is evaluated by means of a comprehensive simulation study. Three examples of real lifetime data-sets are analyzed by using this method and compared with an efficient recent method given by Barakat et al. [
Citation: Haroon Barakat, Osama Khaled, Hadeer Ghonem. Predicting future order statistics with random sample size[J]. AIMS Mathematics, 2021, 6(5): 5133-5147. doi: 10.3934/math.2021304
We suggest a new method for constructing an efficient point predictor for the future order statistics when the sample size is a random variable. The suggested point predictor is based on some characterization properties of the distributions of order statistics. For several distributions, including the mixture distribution, the performance of the suggested predictor is evaluated by means of a comprehensive simulation study. Three examples of real lifetime data-sets are analyzed by using this method and compared with an efficient recent method given by Barakat et al. [
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