The commonly used estimate of reliability in the exponential case, i.e., the maximum likelihood estimate, is shown to exert a strong negative effect on reliability calculations because of its bias. A minimum variance unbiased estimate is then derived using a theorem of Blackwell and Rao.
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.