Template:Weibull-bayesian distribution

The Weibull-Bayesian Distribution

Another approach is the Weibull-Bayesian model which assumes that the analyst has some prior knowledge about the distribution of the shape parameter ( β) of the Weibull distribution. There are many practical applications for this model, particularly when dealing with small sample sizes and/or 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.