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Abstract
In this article, process capability and system availability analysis is discussed for the inverse Rayleigh lifetime distribution. Bayesian approach with a conjugate gamma distribution is adopted for the analysis. Different types of loss functions are considered to find Bayes estimates of the process capability and system availability. A simulation study is conducted for the comparison of different loss functions.
Keywords
Entropy Loss Function
Inverse Rayleigh Distribution
Loss Function
Process Capability
System Availability Analysis.
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Copyright © 2015 Pakistan Journal of Statistics and Operation Research
Creative Commons Attribution 4.0 International (CC BY 4.0)
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How to Cite
Ali, S., Aslam, M., Abbas, N., Kazmi, S. M. A., & Hasan, T. (2015). On process capability and system availability analysis of the inverse Rayleigh distribution. Pakistan Journal of Statistics and Operation Research, 11(1), 53-66. https://doi.org/10.18187/pjsor.v11i1.505