Bayesian Approach to Reliability Estimation

  • Arun Kumar Rao Department of Mathematics and Statistics, DDU Gorakhpur University, Gorakhpur, India.
  • Himanshu Pandey Department of Mathematics and Statistics, DDU Gorakhpur University, Gorakhpur, India.
Keywords: Reliability, Weibull distribution, non-informative and beta prior, squared error, linex, precautionary and entropy loss functions

Abstract

In this chapter Bayes estimators of the reliability function R(t) under Type II censoring of Weibull distribution have been obtained by taking non-informative and beta prior distributions. The loss functions used are squared error, linex, precautionary and entropy.

 

Published
2019-11-20
How to Cite
Rao, A. K., & Pandey, H. (2019). Bayesian Approach to Reliability Estimation. Advances in Mathematics and Computer Science Vol. 4, 98-115. Retrieved from https://stm1.bookpi.org/index.php/amacs-v4/article/view/646
Issue
Advances in Mathematics and Computer Science Vol. 4
Section
Chapters