Subjective Probability Models for Lifetimes (Chapman & Hall/CRC Monographs on Statistics and Applied Probability) - Image 1

£62.59

CRC Press Subjective Probability Models for Lifetimes (Chapman & Hall/CRC Monographs on Statistics and Applied Probability)

Name: Subjective Probability Models for Lifetimes (Chapman & Hall/CRC Monographs on Statistics and Applied Probability)
Brand: CRC Press
Price: 62.59 GBP
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Description

Bayesian methods in reliability cannot be fully utilized and understood without full comprehension of the essential differences that exist between frequentist probability and subjective probability. Switching from the frequentist to the subjective approach requires that some fundamental concepts be rethought and suitably redefined. Subjective Probability Models for Lifetimes details those differences and clarifies aspects of subjective probability that have a direct influence on modeling and drawing inference from failure and survival data. In particular, within a framework of Bayesian theory, the author considers the effects of different levels of information in the analysis of the phenomena of positive and negative aging. The author coherently reviews and compares the various definitions and results concerning stochastic ordering, statistical dependence, reliability, and decision theory. He offers a detailed but accessible mathematical treatment of different aspects of probability distributions for exchangeable vectors of lifetimes that imparts a clear understanding of what the "probabilistic description of aging" really is, and why it is important to analyzing survival and failure data. About the Author Spizzichino, Fabio

Product Specifications

Brand: CRC Press
Format: paperback
ASIN: 036739717X
Category: Books > Subjects > Science, Nature & Maths > Engineering & Technology
Domain: Amazon UK
Release Date: 05 September 2019
Listed Since: 08 August 2019

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CRC Press Subjective Probability Models for Lifetimes (Chapman & Hall/CRC Monographs on Statistics and Applied Probability)

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