Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Estimation of the parameters for the Exponential and Weibull distributions. DATA SET A: 2, 14, 23, 45, 67, 75, 89, 99, 101, 123, 138, 159,
Estimation of the parameters for the Exponential and Weibull distributions.
DATA SET A: 2, 14, 23, 45, 67, 75, 89, 99, 101, 123, 138, 159, 188, 201, 203
DATA SET B: 13, 24, 35+, 65, 86, 99, 109, 118+, 131, 159, 189, 207
DATA SET C: 5, 13, 34+, 46+, 55, 74, 89, 93, 104, 112+, 126, 134, 145, 159, 167+, 173, 198, 203, 226, 241
DATA SET D: 9, 14, 85, 99, 126, 155, 169+, 199, 201+, 224+, 229, 256, 265, 289
(Note: + means censored time)
For each of the data sets above, produce the following:
- Median-rank non-parametric estimates for the Cumulative Distribution Function (CDF), Reliability function, Probability Density function (PDF), and Hazard function.
- Estimate the failure rate parameter for the 1-parameter exponential distribution using linear regression and comment on the strength of the fit.
- Estimate the shape and scale parameters for the 2-parameter Weibull distribution using linear regression and comment on the strength of the fit
Step by Step Solution
★★★★★
3.43 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
To estimate the parameters and produce the required functions for each dataset well follow these ste...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started