Concepts in Order Statistics and Bayesian Estimation

Abstract

In this paper, some basic concepts related to order statistics and Bayesian estimation is discussed which includes tests of life, order statistics and concept of reconstruction that has various fields in the application such as reconstruction for industrial units or organisms. This paper also describes significant functions in the reconstruction such as probability of life function or failure probability function, surviving probability function, life probability density function and failure rate function. Furthermore, it illustrated in depth idea concerning Bayesian statistics for the study and evaluation of different Bayesian methods.

Keywords Bayesian statistics, failure probability function, order statistics