Bayes Estimation of Traffic Intensity in M/M/1 Queue under a New Weighted Square Error Loss Function

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Abstract:

Bayesian estimator of the traffic intensity in an M/M/1 queue is derived under a new weighted square error loss function. The Bayes estimators are obtained by using two different priors of the traffic intensity,namely,quasi-prior and beta prior. Finally, a Monte Carelo numerical simulation is used to compare these Bayes estimators with the corresponding maximum likelihood estimators.

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490-493

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February 2012

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© 2012 Trans Tech Publications Ltd. All Rights Reserved

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