Title
Bayesian reliability estimation of a 1-out-of-k load-sharing system model.
Abstract
Abstract The study deals with the reliability analysis of a 1-out-of-k load-sharing system model under the assumption that each component’s failure time follows generalized exponential distribution. With the assumption of load-sharing inclination among the system’s components, the system reliability and hazard rate functions have been derived. In classical set up, we derive maximum likelihood estimates of the load-sharing parameters with their standard errors. Classical confidence intervals and two bootstrap confidence intervals for the parameters, system reliability and hazard rate functions have also been proposed. For Bayesian estimation, we adopt sampling-based posterior inference procedure based on Markov Chain Monte Carlo techniques such as Gibbs and Metropolis–Hastings sampling algorithms. We assume both non-informative and informative priors representing the variations in the model parameters. A simulation study is carried out for highlighting the theoretical developments.
Year
DOI
Venue
2014
10.1007/s13198-013-0206-1
Int. J. Systems Assurance Engineering and Management
Keywords
Field
DocType
Load-sharing system model,Maximum likelihood estimation,Bayesian estimation,Gibbs sampler,Metropolis–Hastings algorithm,Highest posterior density credible interval,Bootstrap interval
Applied mathematics,Mathematical optimization,Markov chain Monte Carlo,Metropolis–Hastings algorithm,Exponential distribution,Statistics,Prior probability,Credible interval,Bayes estimator,Mathematics,Gibbs sampling,Bayesian probability
Journal
Volume
Issue
ISSN
5
4
0975-6809
Citations 
PageRank 
References 
0
0.34
3
Authors
2
Name
Order
Citations
PageRank
Bhupendra Singh1355.44
Puneet Kumar Gupta200.34