E-Bayesian estimation of failure probability and its application

This paper develops a new method, named E-Bayesian estimation method, to estimate failure probability. First, for failure probability, the definition of E-Bayesian estimation was given, and on the base, expressions of the E-Bayesian estimation were given. Second, discuss the property of the E-Bayesian estimation. Finally, by the E-Bayesian estimation method applied to the simulation example and application example; as can be seen, it is both efficient and easy to operate.