Showing 1 - 2 of 2
Data on accident precursors can help in estimating accident frequencies, since they provide a rich source of information on intersystem dependencies. However, Bayesian analysis of accident precursors requires the ability to construct joint prior distributions reflecting such dependencies. For...
Persistent link: https://www.econbiz.de/10009189562
Perfect aggregation in Bayesian system reliability analysis has been shown to be extremely unlikely. In other words, aggregation error is almost inevitable. Consequently, analysts have to deal with the following dilemma: on one hand, an aggregate analysis (i.e., an analysis at the system level),...
Persistent link: https://www.econbiz.de/10009198211