Failure Rate Modeling for Reliability and Risk focuses on reliability
theory and, specifically, to the failure rate (the hazard rate, the
force of mortality) modeling and its generalizations to systems
operating in a random environment and to repairable systems. The failure
rate is one of the crucial probabilistic characteristics for a number of
disciplines; including reliability, survival analysis, risk analysis and
demography.
Failure Rate Modeling for Reliability and Risk presents a systematic
study of the failure rate and related indices, and covers a number of
important applications where the failure rate plays the major role.
Applications in engineering systems are studied, together with some
actuarial, biological and demographic examples.
Covering material previously available only in the journal literature,
Failure Rate Modeling for Reliability and Risk provides a survey of
this broad and interdisciplinary subject which will be invaluable to
researchers and advanced students in reliability engineering and applied
statistics, as well as to demographers, econometricians, actuaries and
many other mathematically oriented researchers.