In Quest of the Distributional Properties of Reliability Rate
AbstractReliability in its broad sense refers to the probability that a component or system is able to perform its intended function satisfactorily during a specified period of time under normal operating conditions. It is estimated as the fraction of time the unit/system is available for operation. For practical purposes, reliability rate is estimated using maximum likelihood estimator (MLE) from sample observations.. No study has gone beyond this to analyze the statistical properties of the MLE of R; the present study is an attempt at such a quest.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 7000.
Date of creation: 04 Feb 2008
Date of revision:
Reliability; Maximum likelihood estimator; statistical properties;
Find related papers by JEL classification:
- C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-02-09 (All new papers)
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