A joint renewal process used to model event based data

HIGHLIGHTS

  • who: Mergenthaler and colleagues from the Germany Germany Germany have published the article: A joint renewal process used to model event based data, in the Journal: (JOURNAL)

SUMMARY

    A Monte-Carlo algorithm is used to construct a parallel renewal process based on the event rates identified. The input data in the case of an event oriented data model consists, from the practical point of view, of a list of records, say, with each record containing a failure code, a date time object and some explanatory text. At each point in time t ∈ IR . . .

     

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