Reliability and Risk: A Bayesian Perspective
Nozer D. Singpurwalla
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Description for Reliability and Risk: A Bayesian Perspective
Hardcover. Reliability & Risk: A Bayesian Perspective addresses the need for a sound introduction to the mathematical and statistical aspects of reliability analysis from a Bayesian perspective. It features many real examples, taken from the author's vast experience, and lots of applications from reliability engineering. Series: Wiley Series in Probability and Statistics. Num Pages: 396 pages, Illustrations. BIC Classification: PB; TG. Category: (P) Professional & Vocational. Dimension: 252 x 176 x 27. Weight in Grams: 826.
We all like to know how reliable and how risky certain situations are, and our increasing reliance on technology has led to the need for more precise assessments than ever before. Such precision has resulted in efforts both to sharpen the notions of risk and reliability, and to quantify them. Quantification is required for normative decision-making, especially decisions pertaining to our safety and wellbeing. Increasingly in recent years Bayesian methods have become key to such quantifications.
We all like to know how reliable and how risky certain situations are, and our increasing reliance on technology has led to the need for more precise assessments than ever before. Such precision has resulted in efforts both to sharpen the notions of risk and reliability, and to quantify them. Quantification is required for normative decision-making, especially decisions pertaining to our safety and wellbeing. Increasingly in recent years Bayesian methods have become key to such quantifications.
Reliability and Risk provides a comprehensive overview of the mathematical and statistical aspects of risk and reliability analysis, from a Bayesian perspective. This ... Read more
- Providing a broad coverage of the diverse aspects of reliability, including: multivariate failure models, dynamic reliability, event history analysis, non-parametric Bayes, competing risks, co-operative and competing systems, and signature analysis.
- Covering the essentials of Bayesian statistics and exchangeability, enabling readers who are unfamiliar with Bayesian inference to benefit from the book.
- Introducing the notion of “composite reliability”, or the collective reliability of a population of items.
- Discussing the relationship between notions of reliability and survival analysis and econometrics and financial risk.
Reliability and Risk can most profitably be used by practitioners and research workers in reliability and survivability as a source of information, reference, and open problems. It can also form the basis of a graduate level course in reliability and risk analysis for students in statistics, biostatistics, engineering (industrial, nuclear, systems), operations research, and other mathematically oriented scientists, wherein the instructor could supplement the material with examples and problems.
Show LessProduct Details
Format
Hardback
Publication date
2006
Publisher
John Wiley & Sons Inc United Kingdom
Number of pages
396
Condition
New
Series
Wiley Series in Probability and Statistics
Number of Pages
400
Place of Publication
New York, United States
ISBN
9780470855027
SKU
V9780470855027
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50
About Nozer D. Singpurwalla
Nozer D. Singpurwalla is the author of Reliability and Risk: A Bayesian Perspective, published by Wiley.
Reviews for Reliability and Risk: A Bayesian Perspective
"The book is written by an expert in reliability analysis and it is a very valuable source of information for mathematical models for reliability problems ... An extensive bibliography concludes the book." (Stat Papers, 2011) "As the author mentions in his preface, the book can be read in several different ways, as a text for a graduate level course ... Read more