The Stress-Strength Model and Its Generalizations: Theory and Applications - ISBN:9812380574

The Stress-Strength Model and Its Generalizations: Theory and Applications

Date: 12 April 2011, 14:42

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Product Description: This important book presents developments in a remarkable field of inquiry in statistical/probability theory — the stress–strength model.
Many papers in the field include the enigmatic "words" P ( Х < Y ) — or something similar — in the title. This reflects the long-established concept of ordering of distributions. The basic impetus for the study carried out by the authors of this book is the general concept of stress–strength as an interpretation of the P ( X < Y ) relationships, which leads to applications in reliability engineering, economics and modern medicine.
The Stress–Strength Model and Its Generalizations collects and digests theoretical and practical results on the theory and applications of the stress–strength relationships in industrial and economic systems — results that have been scattered in the literature during the last 40-odd years — and augments and presents them for the first time in a unified manner suitable for practitioners as well as probabilists and theoretical and applied statisticians.

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