On the Mean Residual Life Function and Stress and Strength Analysis under Different Loss Function for Lindley Distribution
Author
Source
Journal of Quality and Reliability Engineering
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-06-05
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Engineering Sciences and Information Technology
Economics & Business Administration
Abstract EN
Purpose.
Mathematical properties of Lindley distribution are derived under different loss functions.
These properties include mean residual life function, Lorenz curve, stress and strength characteristic, and their respective posterior risk via simulation scheme.
Methodology.
Bayesian approach is used for the reliability characteristics.
Results are compared on the basis of posterior risk.
Findings.
Using prior information on the parameter of Lindley distribution, Bayes estimates for reliability characteristics are compared under different loss functions.
Practical Implications.
Since Lindley distribution is a mixture of gamma and exponential distribution, so Bayesian estimation of reliability characteristics will have a great implication in reliability theory.
Originality.
A real life application to waiting time data at the bank is also described for the developed procedures.
This study is useful for researcher and practitioner in reliability theory.
American Psychological Association (APA)
Ali, Sajid. 2013. On the Mean Residual Life Function and Stress and Strength Analysis under Different Loss Function for Lindley Distribution. Journal of Quality and Reliability Engineering،Vol. 2013, no. 2013, pp.1-13.
https://search.emarefa.net/detail/BIM-453156
Modern Language Association (MLA)
Ali, Sajid. On the Mean Residual Life Function and Stress and Strength Analysis under Different Loss Function for Lindley Distribution. Journal of Quality and Reliability Engineering No. 2013 (2013), pp.1-13.
https://search.emarefa.net/detail/BIM-453156
American Medical Association (AMA)
Ali, Sajid. On the Mean Residual Life Function and Stress and Strength Analysis under Different Loss Function for Lindley Distribution. Journal of Quality and Reliability Engineering. 2013. Vol. 2013, no. 2013, pp.1-13.
https://search.emarefa.net/detail/BIM-453156
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-453156