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M-Bayesian credible limits of reliability parameters. (Chinese. English summary) Zbl 1174.62518

Summary: A new method, named M-Bayesian credible limit estimation method, is presented to estimate reliability parameters. The definition, estimation and properties of the M-Bayesian credible limits are given in the case of zero-failure data of exponential distributions. A real data set of certain type of engines is also discussed. Through an example the efficiency and easiness of operation of this method are demonstrated.

MSC:

62N05 Reliability and life testing
62F15 Bayesian inference