Burr-XII Distribution Parametric Estimation and Estimation of Reliability of Multicomponent Stress-Strength
Communications in Statistics - Theory and Methods, Volume 44, No. 23, Year 2015
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In this paper, we estimate multicomponent stress-strength reliability by assuming Burr-XII distribution. The research methodology adopted here is to estimate the parameter using maximum likelihood estimation. Reliability is estimated using the maximum likelihood method of estimation and results are compared using the Monte Carlo simulation for small samples. Using real data sets we illustrate the procedure clearly.