Gatha Cognition®
Perception, Learning and Reasoning

Article/Chapter Title :

Statistical Decision for Weibull Distribution for Minima

Statistical Theory of Extremes

129-156

Time-to-failure , Point prediction , Minima , Weibull distribution

Gatha Cognition Free Publication
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The Weibull distribution for minima is explained. Weibull random variable (for minima) has a finite location parameter. The Weibull distribution deals with modeling of failure and helps to determine ‘time-to-failure’. Characteristics are presented from definition of distribution function. Statistical decision for the 3-parameters case, estimation, testing and point prediction are discussed. Prediction difficulties are depending on the interplay of the location and shape parameter of the distribution. 

Statistical Decision for Weibull Distribution for Minima

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