JournalTOCs

Statistics Research Letters
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This is an Open Access Journal

Open Access journal
ISSN (Print) 2325-7040 - ISSN (Online) 2325-7059
Published by Science and Eng Pub Co.

[34 journals]

First Failure Progressive Censored Weibull Data Under Bayesian Analysis
- Abstract: First Failure Progressive Censored Weibull Data Under Bayesian Analysis
  Pages 1-8
  Author Gyan Prakas
  In the present article, the Progressive First-Failure censoring criterion have used for the Bayesian analysis for unknown parameter of the Weibull failure model. A combination of discrete prior and an informative prior probability distribution are assumed here for the shape parameter and scale parameter respectively. In the Bayesian analysis of the Scale parameter both the case of known and unknown shape parameter are considered here. Prediction of the future lifetime is derived also under One-Sample plan, whereas Bayes estimates are examined under asymmetric loss function. A real life example illustrates the proposed procedures for the Weibull failure model.
  PubDate: 2017-0