Bayesian estimation of reliability

Most of statistical theory thought at the undergraduate level is based on classical probability or frequentist probability. Also, the estimation techniques widely used are maximum likelihood estimation (MLE) and methods of moment. This dissertation discusses the subjective probability as an alternat...

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Main Author: Rahmi, Depriwana
Format: Thesis
Language:English
Published: 2005
Subjects:
Online Access:http://eprints.utm.my/id/eprint/34744/1/DepriwanaRahmiMFS2005.pdf
http://eprints.utm.my/id/eprint/34744/
http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:61280?queryType=vitalDismax&query=Bayesian+estimation+of+reliability&public=true
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spelling my.utm.347442017-10-11T06:16:44Z http://eprints.utm.my/id/eprint/34744/ Bayesian estimation of reliability Rahmi, Depriwana Unspecified Most of statistical theory thought at the undergraduate level is based on classical probability or frequentist probability. Also, the estimation techniques widely used are maximum likelihood estimation (MLE) and methods of moment. This dissertation discusses the subjective probability as an alternative theory, where Bayesian estimation is used. Based on a random sample of 20 observations that was generated from Weibull distribution, we compare the reliability estimation using MLE and Bayesian approach. We found out that the mean percentage error for Bayesian is 7.9678, which is lower than MLE mean percentage error of 10.8434. Thus, bayesian reliability estimation is better. 2005 Thesis NonPeerReviewed application/pdf en http://eprints.utm.my/id/eprint/34744/1/DepriwanaRahmiMFS2005.pdf Rahmi, Depriwana (2005) Bayesian estimation of reliability. Masters thesis, Universiti Teknologi Malaysia, Faculty of Science. http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:61280?queryType=vitalDismax&query=Bayesian+estimation+of+reliability&public=true
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic Unspecified
spellingShingle Unspecified
Rahmi, Depriwana
Bayesian estimation of reliability
description Most of statistical theory thought at the undergraduate level is based on classical probability or frequentist probability. Also, the estimation techniques widely used are maximum likelihood estimation (MLE) and methods of moment. This dissertation discusses the subjective probability as an alternative theory, where Bayesian estimation is used. Based on a random sample of 20 observations that was generated from Weibull distribution, we compare the reliability estimation using MLE and Bayesian approach. We found out that the mean percentage error for Bayesian is 7.9678, which is lower than MLE mean percentage error of 10.8434. Thus, bayesian reliability estimation is better.
format Thesis
author Rahmi, Depriwana
author_facet Rahmi, Depriwana
author_sort Rahmi, Depriwana
title Bayesian estimation of reliability
title_short Bayesian estimation of reliability
title_full Bayesian estimation of reliability
title_fullStr Bayesian estimation of reliability
title_full_unstemmed Bayesian estimation of reliability
title_sort bayesian estimation of reliability
publishDate 2005
url http://eprints.utm.my/id/eprint/34744/1/DepriwanaRahmiMFS2005.pdf
http://eprints.utm.my/id/eprint/34744/
http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:61280?queryType=vitalDismax&query=Bayesian+estimation+of+reliability&public=true
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