E-Bayesian estimation for system reliability and availability analysis based on exponential distribution.

Themain purpose of this article is to introduce the E-Bayesian approach to gain flexibility in the reliability-availability system estimation. This approach will be used in series systems, parallel systems, and k-out-ofm systems, based on exponential distribution under squared error loss function, when time is continuous. We use three prior distributions to investigate its impact on the E-Bayesian approach, those prior distributions cover a big spectrum of possibilities. We showin real examples and also by simulations, howthe procedure behaves. In the simulation study alsowe explore the impact on this estimation approach, when the number of components of the system increases. [ABSTRACT FROM AUTHOR]