Foundational issues in reliability and risk analysis. (English) Zbl 0686.62078

Singpurwalla, Nozer D.

SIAM Rev. 30, No. 2, 264-282 (1988).

This is an extensive and generally clearly written tutorial paper on the Bayesian approach to inference using failure models, hazard functions and reliability as examples.

Reviewer: H.N.Nagaraja

MSC:

62N05	Reliability and life testing
62F15	Bayesian inference
90B25	Reliability, availability, maintenance, inspection in operations research
62C10	Bayesian problems; characterization of Bayes procedures

Keywords:

real risk; perceived risk; independence; mean time to failure; statistical sampling; likelihood principle; maximum likelihood estimation; confidence limits; risk analysis; failure models; tutorial paper; hazard functions; reliability