Abstract
Based on the zero failure data, this paper studies the Bayes estimation of the failure rate and reliability of the exponential distribution model under the scale squared error loss function. When the prior distribution of the parameters is the Gamma distribution, the Bayes estimators and E-Bayes estimators of the failure rate and reliability of the exponential model can be obtained. Finally, a practical example is utilized to illustrate the effectiveness of the estimation.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: IOP Conference Series: Materials Science and Engineering
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.