Bayesian Methods in Reliability Engineering
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Bayesian methods are becoming increasingly popular in the Reliability Engineering community. With product reliability demonstration test planning and execution weighing heavily on cost, availability and schedule factors, Bayesian methods offer an intelligent way of incorporating engineering knowledge based on historical information into data analysis and interpretation, resulting in an overall more precise and less resource intensive failure rate estimation.
Interested in learning more? Watch this introductory video by Charles Recchia covering foundational topics important to reliability engineers.
Bayesian Data Analysis Techniques