Given the recorded life times from a Weibull distribution, Bayes estimates of the reliability function and hazard rate are obtained using the posterior distributions and some recent results on Bayesian approximations due to Lindley (1980). Based on a Monte Carlo study, these estimates are compared with their maximum likelihood counterparts.
@article{urn:eudml:doc:40481,
title = {Bayes estimation of the reliability function and hazard rate of a Weibull failure time distribution.},
journal = {Trabajos de Estad\'\i stica},
volume = {1},
year = {1986},
pages = {47-56},
language = {en},
url = {http://dml.mathdoc.fr/item/urn:eudml:doc:40481}
}
Sinha, Sanjoy K. Bayes estimation of the reliability function and hazard rate of a Weibull failure time distribution.. Trabajos de Estadística, Tome 1 (1986) pp. 47-56. http://gdmltest.u-ga.fr/item/urn:eudml:doc:40481/