Comparison of Bayes' Estimators for the Exponential Reliability Function Under Different Prior Functions
Comparison of Bayes' Estimators for the Exponential Reliability Function Under Different Prior Functions
In this study, we derived the estimation for Reliability of the Exponential distribution based on the Bayesian approach. In the Bayesian approach, the parameter of the Exponential distribution is assumed to be random variable .We derived posterior distribution the parameter of the Exponential distribution under four types priors distributions for …