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A Semi-empirical Bayesian Chart to Monitor Weibull Percentiles

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  • Pasquale Erto
  • Giuliana Pallotta
  • Christina M. Mastrangelo

Abstract

type="main" xml:id="sjos12131-abs-0001"> This paper develops a Bayesian control chart for the percentiles of the Weibull distribution, when both its in-control and out-of-control parameters are unknown. The Bayesian approach enhances parameter estimates for small sample sizes that occur when monitoring rare events such as in high-reliability applications. The chart monitors the parameters of the Weibull distribution directly, instead of transforming the data as most Weibull-based charts do in order to meet normality assumption. The chart uses accumulated knowledge resulting from the likelihood of the current sample combined with the information given by both the initial prior knowledge and all the past samples. The chart is adapting because its control limits change (e.g. narrow) during Phase I. An example is presented and good average run length properties are demonstrated.

Suggested Citation

  • Pasquale Erto & Giuliana Pallotta & Christina M. Mastrangelo, 2015. "A Semi-empirical Bayesian Chart to Monitor Weibull Percentiles," Scandinavian Journal of Statistics, Danish Society for Theoretical Statistics;Finnish Statistical Society;Norwegian Statistical Association;Swedish Statistical Association, vol. 42(3), pages 701-712, September.
    • Handle: RePEc:bla:scjsta:v:42:y:2015:i:3:p:701-712
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    File URL: http://hdl.handle.net/10.1111/sjos.12131
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