Theory and Applications of Reliability With Emphasis on Bayesian and Nonparametric Methods

The Theory and Applications of Reliability: With Emphasis on Bayesian and Nonparametric Methods, Volume I covers the proceedings of the conference on &quote;&quote;The Theory and Applications of Reliability with Emphasis on Bayesian and Nonparametric Methods.&quote;&quote; The conference is organized so as to have technical presentations, a clinical session, and round table discussions. This volume is a 29-chapter text that specifically deals with the theoretical aspects of reliability estimation. Considerable chapters on the technical sessions are devoted to initial findings on the theory and applications of reliability estimation, with special emphasis on Bayesian and nonparametric methods. A Bayesian analysis implies the use of suitable prior information in association with Bayes theorem while the nonparametric approach analyzes the reliability components and systems under the assumption of a time-to-failure distribution with a wide defining property rather than a specific parametric class of probability distributions. The clinical session chapters discuss the actual problems encountered in reliability estimation. The remaining chapters deal with the status of the subject areas and the empirical Bayes developments. These chapters also present various probabilistic and statistic methods for reliability estimation. Theoreticians and reliability engineers will find this book invaluable.