Abstract

This study investigates the dependence between stress and component strength in a stress–strength model with bivariate stresses by incorporating a specialized Archimedean copula, specifically the 3-dimensional Clayton copula. Diverging from prior research, we consider a scenario where two stresses simultaneously influence the component strength, enhancing the realism of our model. Initially, dependent parameter estimates were obtained through moment estimation. Subsequently, maximum likelihood estimation and Bayesian estimation were employed to acquire point and interval estimates for the model parameters. Finally, numerical simulations and real-world data analysis were conducted to validate the accuracy and practicality of our proposed model. This research establishes a foundation for further exploration of general dependence structures and multi-component stress–strength correlation issues.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call