Classical and Bayesian estimation of the reliability characteristics for logistic-exponential distribution
摘要
The basic tool for studying the ageing and associated characteristics of any lifetime equipments is the reliability/survival function. It is common practice that while estimating the parameters of a model, one usually adopt maximum likelihood estimation method as the starting point as a classical method of estimation. In this paper, we consider maximum product of spacing estimation, besides using maximum likelihood method for estimating the reliability characteristics, such as, mean time to system failure (MTSF), reliability function (RF) and hazard rate function (HF) at a specified time point