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- W4200364249 abstract "Abstract Process capability indices has been widely applied in industry to assess the performance of industrial processes. For the larger‐the‐better lifetimes of products, the lifetime performance index is commonly considered by industrial managers. This paper confines itself to the the Bayesian statistical inferences about under the Pareto distribution with the progressively Type‐II censored samples. The Bayesian inferences are based on a conjugate continuous prior for the scale parameter and a discrete prior for the shape parameter of the distribution under consideration. Two illustrative examples are given to demonstrate the sensitivity of results to the prior hyperparameters and the underlying distribution of the observations. Finally, a Monte Carlo simulation study is done to evaluate the behavior of the lifetime performance index ." @default.
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- W4200364249 date "2021-12-09" @default.
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- W4200364249 title "Evaluating the lifetime performance index of products based on progressively Type‐II censored Pareto samples: A new Bayesian approach" @default.
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- W4200364249 doi "https://doi.org/10.1002/qre.3040" @default.
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