When estimating in a practical situation, asymmetric loss functions are preferred over squared error loss functions, as the former is more appropriate than the latter in many estimation problems. We consider here the problem of fixed precision point estimation of a linear parametric function in...

This work aims to determine in a practical and straightforward manner an efficient sampling scheme for estimating the reliability of series/parallel systems. One of the most crucial tasks is to determine the optimal number of units to sample. The sampling schemes given by the authors are complex...