Refah Alotaibi1, Mazen Nassar2,3, Ahmed Elshahhat4,*
CMES-Computer Modeling in Engineering & Sciences, Vol.138, No.3, pp. 2571-2596, 2024, DOI:10.32604/cmes.2023.030582
Abstract A novel extended Lindley lifetime model that exhibits unimodal or decreasing density shapes as well as increasing, bathtub or unimodal-then-bathtub failure rates, named the Marshall-Olkin-Lindley (MOL) model is studied. In this research, using a progressive Type-II censored, various inferences of the MOL model parameters of life are introduced. Utilizing the maximum likelihood method as a classical approach, the estimators of the model parameters and various reliability measures are investigated. Against both symmetric and asymmetric loss functions, the Bayesian estimates are obtained using the Markov Chain Monte Carlo (MCMC) technique with the assumption of independent gamma priors. From the Fisher information… More >
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