Bayesian Statistical Analysis of Lifetime Performance Index of Exponential Product Under Precautionary Loss Function

Bayesian Statistical Analysis of Lifetime Performance Index of Exponential Product Under Precautionary Loss Function

论文摘要

The purpose of this paper is to study the Bayesian estimation of life performance index when product’s life obeys exponential distribution based on complete samples. The Bayesian estimator of the life performance index is obtained when the prior distribution of the unknown parameter is the Gama prior distribution and the loss function used in this paper is the precautionary loss function. Furthermore, a new Bayesian testing procedure is developed using the obtained Bayesian estimator. Finally, a practical example is used to illustrate the effectiveness and feasibility of the results.

论文目录

文章来源

类型: 国际会议

作者: Zhaoren Chen,Wanzhen Liu

来源: 第二届先进电子材料、计算机与材料工程国际学术会议(AEMCME 2019) 2019-04-19

年度: 2019

分类: 基础科学,经济与管理科学

专业: 数学,企业经济

单位: College of Information Science and Enginering, Hunan Normal UniversityChangsha Vocational & Technical College

分类号: F273.2;O212.8

DOI: 10.26914/c.cnkihy.2019.000244

页码: 966-970

总页数: 5

文件大小: 283k

下载量: 1

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Bayesian Statistical Analysis of Lifetime Performance Index of Exponential Product Under Precautionary Loss Function
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