Inference on \(\text{Pr}(X < Y)\) in the two-parameter Weibull model based on records (Q1952667)

Summary: We consider the stress-strength reliability based on record values from the Weibull distribution. The Bayes estimator based on squared error loss and the maximum likelihood estimator are derived and their bias and mean squared error performance are studied. Likelihood-based confidence intervals as well as some bootstrap intervals are developed. We derived also the highest posterior density interval. Simulation studies are conducted to investigate and compare the performance of the estimators and intervals.