ABSTRACT

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.

Subjecti

chapter 1|46 pages

Exchangeability and subjective probability

chapter 2|52 pages

Exchangeable lifetimes

chapter 3|48 pages

Some concepts ofdependence and aging

chapter 4|44 pages

Bayesian models of aging