Far East Journal of Theoretical Statistics
Volume 14, Issue 1, Pages 103 - 120
(September 2004)
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ON A FINITE MIXTURE OF BETA DISTRIBUTIONS
P. G. Sankaran (India) and Maya T. Nair (India)
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Abstract: Finite mixtures of probability distributions arise as models of life length in many practical problems. In the present paper, we study the properties of finite mixture of beta distributions in the context of reliability. We discuss various methods of estimation for the parameters of the mixture model. |
Keywords and phrases: beta distribution, failure rate, mean residual life, method of moments, maximum likelihood, Bayes estimate. |
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