Parameter estimation of compact binaries using the inspiral and ringdown waveforms

We analyze the problem of parameter estimation for compact binary systems that could be detected by ground-based gravitational wave detectors. So far this problem has only been dealt with for the inspiral and the ringdown phases separately. In this paper, we combine the information from both signals, and we study the improvement in parameter estimation, at a fixed signal-to-noise ratio, by including the ringdown signal without making any assumption on the merger phase. The study is performed for both initial and advanced LIGO and VIRGO detectors.