Subjective Probability Models for Lifetimes - Spizzichino, Fabio
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Bayesian methods in reliability cannot be fully utilized and understood without full comprehension of the essential differences that exist between frequentist probability and subjective probability. Switching from the frequentist to the subjective approach requires that some fundamental concepts be re-thought and suitably refined. This text details those differences and clarifies aspects of subjective probability that have a direct influence on modeling and drawing inference from failure and survival data. In particular, within a framework of Bayesian theory, the author considers the effects…mehr

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Produktbeschreibung
Bayesian methods in reliability cannot be fully utilized and understood without full comprehension of the essential differences that exist between frequentist probability and subjective probability. Switching from the frequentist to the subjective approach requires that some fundamental concepts be re-thought and suitably refined. This text details those differences and clarifies aspects of subjective probability that have a direct influence on modeling and drawing inference from failure and survival data. In particular, within a framework of Bayesian theory, the author considers the effects of different levels of information in the analysis of the phenomena of positive and negative aging.
Autorenporträt
Spizzichino, Fabio