Journal of the Korean Data and Information Science Society
- Volume 17 Issue 2
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- Pages.647-655
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- 2006
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- 1598-9402(pISSN)
Bayesian Multiple Comparisons for the Ratio of the Failure Rates in Two Components System
- Cho, Jang-Sik (Department of Informational Statistics, Kyungsung University) ;
- Cho, Kil-Ho (Department of Statistics, Kyungpook National University)
- Published : 2006.05.30
Abstract
In this paper, we consider multiple comparisons for the ratio of the failure rates in two components system that the lifetimes of the components have independent exponential distributions. Also we suggest Bayesian multiple comparisons procedure based on fractional Bayes factor when noninformative priors are applied for the parameters. Finally, we give numerical examples to illustrate our procedure.
Keywords
- Bayesian testing;
- Exponential model;
- Fractional Bayes factor;
- Multiple comparisons;
- Noninformative priors;
- Posterior probability