Journal of the Korean Data and Information Science Society
- Volume 14 Issue 3
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- Pages.631-639
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- 2003
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- 1598-9402(pISSN)
Bayes Estimation of Stress-Strength System Reliability under Asymmetric Loss Functions
Abstract
Bayes estimates of reliability for the stress-strength system are obtained with respect to LINEX loss function. A reference prior distribution of the reliability is derived and Bayes estimates of the reliability are also obtained. These Bayes estimates are compared with corresponding estimates under squared-error loss function.