Resumen de Bayes estimation of the reliability function and hazard rate of a Weibull failure time distribution

S.K. Sinha

• Given the recorded life times from a Weibull distribution, Bayes estimates of the reliability function and hazard rate are obtained using the posterior distributions and some recent results on Bayesian approximations due to Lindley (1980). Based on a Monte Carlo study, these estimates are compared with their maximum likelihood counterparts