Bayesian parameter and reliability estimation for a bivariate exponential distribution. Parallel sampling (Q1057611)

From MaRDI portal
scientific article
Language Label Description Also known as
English
Bayesian parameter and reliability estimation for a bivariate exponential distribution. Parallel sampling
scientific article

    Statements

    Bayesian parameter and reliability estimation for a bivariate exponential distribution. Parallel sampling (English)
    0 references
    0 references
    0 references
    1984
    0 references
    Bayes estimators are derived for the Marshall-Olkin bivariate exponential (BVE) distribution as a lifetime model for a two-component parallel system. Joint posterior distributions of the distribution parameters and marginal posterior densities for the individual parameters are obtained for informative (gamma) priors. The Bayes estimators of the BVE parameters and the reliability are derived in a closed form, and a gamma approximation to the marginal posterior densities is used to develop Bayesian credibility intervals for the parameters.
    0 references
    0 references
    Marshall-Olkin bivariate exponential (BVE) distribution
    0 references
    lifetime model
    0 references
    two-component parallel system
    0 references
    Joint posterior distributions
    0 references
    marginal posterior densities
    0 references
    informative (gamma) priors
    0 references
    Bayes estimators
    0 references
    reliability
    0 references
    gamma approximation
    0 references
    Bayesian credibility intervals
    0 references
    0 references