Presented is a description of a Markov chain Monte Carlo (MCMC) parameter
estimation routine for use with interferometric gravitational radiational data
in searches for binary neutron star inspiral signals. Five parameters
associated with the inspiral can be estimated, and summary statistics are
produced. Advanced MCMC methods were implemented, including importance
resampling and prior distributions based on detection probability, in order to
increase the efficiency of the code. An example is presented from an
application using realistic, albeit fictitious, data.Comment: submitted to Classical and Quantum Gravity. 14 pages, 5 figure