MLE versus MCMC estimators of the mixture of failure rate model.

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27240%2F18%3A10241520" target="_blank" >RIV/61989100:27240/18:10241520 - isvavai.cz</a>
Result on the web
<a href="https://www.taylorfrancis.com/books/e/9781351174657" target="_blank" >https://www.taylorfrancis.com/books/e/9781351174657</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
MLE versus MCMC estimators of the mixture of failure rate model.
Original language description
In this paper, the parameters and reliability characteristics of the failure distribution of the mixture of failure rates are estimated based on a complete sample using both Markov Chain Monte Carlo (MCMC) method and Maximum Likelihood Estimation (MLE). While MLE is the most frequently used method for parameter estimation, MCMC has recently emerged as a good alternative. The most popular MCMC method, called Metropolis-Hastings algorithm is used to provide complete analysis of the concerned posterior distribution. A simulation study is provided to compare MCMC with MLE, and differences between the estimates obtained by the two approaches are evaluated.
Czech name
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Czech description
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Project
<a href="/en/project/EF16_019%2F0000867" target="_blank" >EF16_019/0000867: Research Centre of Advanced Mechatronic Systems</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Safety and Reliability - Safe Societies in a Changing World - Proceedings of the 28th International European Safety and Reliability Conference, ESREL 2018
ISBN
978-0-8153-8682-7
ISSN
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e-ISSN
neuvedeno
Number of pages
8
Pages from-to
937-944
Publisher name
CRC Press
Place of publication
Leiden
Event location
Trondheim
Event date
Jun 17, 2018
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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