A NEW METHOD OF ESTIMATING THE WEIBULL SHAPE PARAMETER
Abstract
The method of random hazard functions is applied to the case of the Weibull distribution and the following results are obtained: It is well known that, in the case of a Weibull distribution with two parameters alpha and beta, there is no way of estimating and testing for the shape parameter beta without knowledge of the scale parameter alpha using the usual methods based on maximum likelihood. The method of random hazard functions is now used to obtain a consistent and asymptotically normal class of estimates for beta independent of any specification whatsoever on alpha. This result enables one to test for the randomness of the underlying failure phenomena under the Weibull set up. An illustrative example is given.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1968
- Accession Number
- AD0674063
Entities
People
- V. K. Murthy
Organizations
- System Development Corporation