We are excited to announce a colloquium co-sponsored by the ASA St. Louis Chapter and the Department of Mathematics & Statistics at SIUE. This will be an in-person event hosted on the SIUE campus; you can find a campus map and parking information here.
Looking forward to seeing you there!
Date and Time: Friday, Dec 1, 2023 at 3:30pm
Location: Science East (SE) 2206, 40 Hairpin Dr, Edwardsville, IL 62025 (There will be refreshments in SE2204 after the presentation.)
Title: Improved Estimation of System Reliability Via Shrinkage
Speaker: Dr. Beidi Qiang
Abstract:
For a coherent reliability system composed of several components configured according to some structure function, its time-to-failure or system life distribution is usually of interest. This distribution may be estimated by simply using observations of the system lifetimes. However, if component lifetime data is available, a better estimator of the system failure time may be obtained. In this talk, we demonstrate that shrinkage ideas that are commonly used in simultaneous estimation may be exploited to gain more efficiency in the estimation of the system reliability function. The approach is discussed under parametric assumptions about the component time-to-failure distributions and further explored in nonparametric settings
The administrator has placed this event on hold. While on hold, it is inaccessible by anyone except the administrator.
Save the Date! St. Louis Chapter of the ASA Social Event! Monday, April 3rd from 5 pm to 7 pm at City Foundry St. Louis (see address in flyer). Hope to see you there!