Point Estimation of Reliability from Results of a Small Number of Trials

by Z. A. Typaldos, D. E. Brimley

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A new approach for estimating reliability on the basis of a few trials. When the probability of success is not known, the proposed way for assigning probabilities is to maximize the measure of uncertainty. Based on information-theory concepts, this point-estimation method is characterized by less extreme fluctuations in estimates as the results of Bernoulli trials become known.

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