Abstract
AbstractThis paper presents an in‐depth analysis of the exponentiated half‐logistic Weibull (EHLW) distribution, investigating its fundamental statistical properties and exploring parameters estimation using both maximum likelihood and Bayesian approaches. Specifically, our focus centers on the analysis of stress–strength reliability, denoted as , where the strength variable follows EHLW distribution, and the stress variable follows either Weibull distribution or the EHLW distribution. The estimation of the parameter is discussed in both scenarios, employing both Maximum Likelihood and Bayesian approaches. Furthermore, we calculate that the asymptotic confidence interval, percentile bootstrap interval, and the highest probability density credible interval are obtained for the stress–strength parameter . In order to assess the efficiency of these estimation techniques, simulation studies are conducted, providing valuable insights into the performance of each estimation approach. Finally, the proposed reliability model is applied to real datasets, highlighting its practical significance.
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