{"product_id":"a-bivariate-pareto-distribution-for-modeling-load-sharing-dependence-relability-modeling-von-jagathnath-krishna-k-m","title":"A Bivariate Pareto Distribution for Modeling Load Sharing Dependence","description":"\u003cp\u003eUsually in statistical modeling, one comes up with a model taking into consideration the physical aspects of the situation. In the present study we considered load sharing dependence in a two component parallel system. Though load sharing dependence is popular in reliability studies this dependence is common in socio-economic situations also. Freund (1961) has designed a bivariate exponential model for the life testing of a two component parallel system which incorporates the above said load-sharing dependence. If the operating environment affects both the components differently, then assuming a gamma distribution to model the environment, the above system reduces to assuming two independent Pareto II distributions instead of exponential distribution. Taking into consideration these assumptions we develop a new model which incorporates the load sharing dependence. This model finds application in the areas of survival analysis, reliability analysis and economics.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783847344308\"\u003e\u003ch3\u003eRelability Modeling\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783847344308","offer_id":39461921423453,"sku":"9783847344308","price":68.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/36de662e-6232-4375-995f-eaa2292129c4.jpg?v=1773210843","url":"https:\/\/shop.autorenwelt.de\/products\/a-bivariate-pareto-distribution-for-modeling-load-sharing-dependence-relability-modeling-von-jagathnath-krishna-k-m","provider":"Autorenwelt Shop","version":"1.0","type":"link"}