Template:Weibull-bayesian distribution

Bayesian-Weibull Analysis

Another approach is the Weibull-Bayesian analysis method, which assumes that the analyst has some prior knowledge about the distribution of the shape parameter of the Weibull distribution (beta). There are many practical applications for this model, particularly when dealing with small sample sizes and/or when some prior knowledge for the shape parameter is available. For example, when a test is performed, there is often a good understanding about the behavior of the failure mode under investigation, primarily through historical data or physics-of-failure.