Crisp, bright, clean pages; no owners' marks; spine leans gently to the left, and hard cover shows a very small spot of surface wear at the top right front corner and some dulled spots in the glossy finish, otherwise excellent. xx, 248pp. incl. index. ; Monographs on Statistics and Applied Probability Series; Vol. 91.

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Bibliographic Details

Title

Subjective Probability Models for Lifetimes

Publisher

CRC Press

Publication Date

2001

Language

English

ISBN 10

1584880600

ISBN 13

9781584880608

Binding

Hardcover

Condition

Very Good+

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Science & Mathematics

About this title

Synopsis

Bayesian methods in reliability cannot be fully utilized and understood without full comprehension of the essential differences that exist between frequentist probability and subjective probability. Switching from the frequentist to the subjective approach requires that some fundamental concepts be rethought and suitably redefined. Subjective Probability Models for Lifetimes details those differences and clarifies aspects of subjective probability that have a direct influence on modeling and drawing inference from failure and survival data. In particular, within a framework of Bayesian theory, the author considers the effects of different levels of information in the analysis of the phenomena of positive and negative aging. The author coherently reviews and compares the various definitions and results concerning stochastic ordering, statistical dependence, reliability, and decision theory. He offers a detailed but accessible mathematical treatment of different aspects of probability distributions for exchangeable vectors of lifetimes that imparts a clear understanding of what the "probabilistic description of aging" really is, and why it is important to analyzing survival and failure data.

About the Author

Spizzichino, Fabio

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