Modeling and Bayesian Analysis of Time between the Breakdown of Electric Feeders

The failure of electric feeders is a common problem in the summer season in Pakistan. In this article, one of the troubling aspects of the electric power system of Pakistan (Multan city) has been studied. The time lapses between the breakdown of electric feeders of the city have been modeled by suggesting an inverse Rayleigh-exponential distribution. The parameters of the distribution are estimated in both the frequentist and Bayesian paradigms. Since the Bayes estimators under informative priors are not attained in the closed form, this paper provides a comparative analysis of the Bayes estimators under Lindley and Tierney-Kadane approximation methods. The simulation study and the real-life data set assessed the validity of the model and the superiority of the Bayes estimators over the maximum likelihood estimators.