Estimation of Reliability in Multicomponent Stress-Strength Based on Dagum Distribution
Fulment Arnold K. (),
Josephat Peter K. () and
Srinivasa Rao Gadde ()
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Fulment Arnold K.: Department of Statistics, School of Mathematical Sciences, The University of Dodoma, P.O. Box 338, Dodoma, Tanzania
Josephat Peter K.: Department of Statistics, School of Mathematical Sciences, The University of Dodoma, P.O. Box 338, Dodoma, Tanzania
Srinivasa Rao Gadde: Department of Statistics, School of Mathematical Sciences, The University of Dodoma, P.O. Box 338, Dodoma, Tanzania
Stochastics and Quality Control, 2017, vol. 32, issue 2, 77-85
Abstract:
We consider the Dagum distribution for estimating the reliability of a k-component stress-strength system with different shape values of the shape parameter. We assume that the system has strength modelled by k independent and identically distributed random variables, and each system’s component experiences random stress. We construct maximum likelihood estimators for the system’s reliability and study their asymptotic properties. We evaluate the small sample performance of the estimators through Monte Carlo simulation. Finally, we illustrate the procedure using real data.
Keywords: Dagum Distribution; Reliability; Stress-Strength Model; Maximum Likelihood Estimation; Asymptotic Confidence Interval (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:ecqcon:v:32:y:2017:i:2:p:77-85:n:1
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DOI: 10.1515/eqc-2017-0009
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