by N. Balakrishnan (Author), N. Unnikrishnan Nair (Author), P.G. Sankaran (Author)
This book provides a fresh approach to reliability theory, an area that has gained increasing relevance in fields from statistics and engineering to demography and insurance. Its innovative use of quantile functions gives an analysis of lifetime data that is generally simpler, more robust, and more accurate than the traditional methods, and opens the door for further research in a wide variety of fields involving statistical analysis. In addition, the book can be used to good effect in the classroom as a text for advanced undergraduate and graduate courses in Reliability and Statistics.
Format: Hardcover
Pages: 417
Edition: 2013
Publisher: Birkhäuser
Published: 24 Aug 2013
ISBN 10: 0817683607
ISBN 13: 9780817683603
From the book reviews:
This book introduces quantile-based reliability analysis. It gives a novel approach to reliability theory using quantile functions in contrast to the traditional approach based on distribution functions. ... This book has a broad applicability across fields such as statistics, survival analysis, economics, engineering, demography, insurance, and medical science. It can be used as an excellent reference book for faculty and professionals. (Yuehua Wu, zbMATH 1306.62019, 2015)
The reviewer finds it to be a good and quite exhaustive collection of results that are centered around quantile-based notions involving life distributions. Any researcher in the areas of probabilistic or statistical reliability theory may find this monograph to be a useful reference book. (Moshe Shaked, Mathematical Reviews, April, 2014)