In this paper, the parameters and reliability characteristics of the mixture of the failure time distribution are estimated based on a complete sample using both Markov chain Monte Carlo (MCMC) method and maximum likelihood estimation via cross-entropy (CE) algorithm. While maximum likelihood estimation is the most frequently used method for parameter estimation, MCMC has recently emerged as a good...
Financed by the National Centre for Research and Development under grant No. SP/I/1/77065/10 by the strategic scientific research and experimental development program:
SYNAT - “Interdisciplinary System for Interactive Scientific and Scientific-Technical Information”.