Application of Bayesian method based on random weighting in reliability parameter estimation
Wen‐Yau Liang · Computer Engineering and Applications Journal · 2007
Under small-samples,a random weighting resampling method is implemented,which builds the prior distributions of parameters of interest,then Bayesian statistical algorithm is used to estimate the reliability parameters by combining prior information with the currently observed distribution.A Matlab program is developed to perform random weighting resampling and Bayesian calculation.A simulation example is also given to verify the effective and precision of this statistical inference.