Shrunken estimators of Weibull shape parameter from type-II censored samples

A shrunken estimator of the Weibull shape parameter for failure censored samples is suggested. This shrunken estimator is compared with shrunken estimators previously given. Even for sample sizes of five and ten this shrunken estimator, based on failure data censored at only three and four, respectively, can be used with advantage when one has a reasonable guess for the shape parameter. This estimator has higher efficiency and nearness than other estimators.<
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