A novel proposed class of estimators under ranked set sampling: Simulation and diverse applications

Abstract

This study presents a novel enhanced exponential class of estimators for population mean under RSS by employing data on an auxiliary variable. The suggested estimators' mean square error (MSE) is calculated approximately at order one. The efficiency conditions that make the suggested enhanced exponential class of estimators superior to the traditional estimators are found. A simulation study using hypothetically drawn normal and exponential populations evaluates the execution of the suggested estimators. The findings demonstrate that the suggested estimators outperform their traditional equivalents. In addition, real data examples are examined to show how the proposed estimators can be implemented in various real life problems.

Keywords

• Simulation study
• Exponential estimators
• Efficiency