Estimation and Optimal Censoring Plan for a New Unit Log-Log Model via Improved Adaptive Progressively Censored Data

To gather enough data from studies that are ongoing for an extended duration, a newly improved adaptive Type-II progressive censoring technique has been offered to get around this difficulty and extend several well-known multi-stage censoring plans. This work, which takes this scheme into account, focuses on some conventional and Bayesian estimation missions for parameter and reliability indicators, where the unit log-log model acts as the base distribution. The point and interval estimations of the various parameters are looked at from a classical standpoint. In addition to the conventional approach, the Bayesian methodology is examined to derive credible intervals beside the Bayesian point by leveraging the squared error loss function and the Markov chain Monte Carlo technique. Under varied settings, a simulation study is carried out to distinguish between the standard and Bayesian estimates. To implement the proposed procedures, two actual data sets are analyzed. Finally, multiple precision standards are considered to pick the optimal progressive censoring scheme.