Bayesian interval estimations for the mean of delta-three parameter lognormal distribution with application to heavy rainfall data
Patcharee Maneerat,
Pisit Nakjai and
Sa-Aat Niwitpong
PLOS ONE, 2022, vol. 17, issue 4, 1-25
Abstract:
Flash flooding is caused by heavy rainfall that frequently occurs during a tropical storm, and the Thai population has been subjected to this problem for a long time. The key to solving this problem by planning and taking action to protect the population and infrastructure is the motivation behind this study. The average weekly rainfall in northern Thailand during Tropical Storm Wipha are approximated using interval estimations for the mean of a delta-three parameter lognormal distribution. Our proposed methods are Bayesian confidence intervals-based noninformative (NI) priors (equal-tailed and highest posterior density (HPD) intervals based on NI1 and NI2 priors). Our numerical evaluation shows that the HPD-NI1 prior was closer to the nominal confidence level and possessed the narrowest expected length when the variance was small-to-medium for a large threshold. The efficacy of the methods was illustrated by applying them to weekly natural rainfall data in northern Thailand to examine their abilities to indicate flooding occurrence.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0266455
DOI: 10.1371/journal.pone.0266455
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