Abstract:
In this paper the authors use the method of maximum likelihood and Bayesian methods to estimate parameters of the Weibull distribution. Prior used for the Bayesian method is Jeffery prior information. The loss function used is the quadratic loss function. Then the computing was done by comparing of the maximum likelihood method and Bayesian method to find the smallest Mean
Square Error. The comparison among the discussed methods is done by simulation methods. The estimated parameters of Weibull distribution obtained from the maximum likelihood is the best compared to Bayes using Jeffery prior
