Abstract
This paper presents a comprehensive study on the estimation of multicomponent stress-strength reliability under progressively censored data, assuming the inverse Rayleigh distribution. Both maximum likelihood estimation and Bayesian estimation methods are considered. The loss function and prior distribution play crucial roles in Bayesian inference. Therefore, Bayes estimators of the unknown model parameters are obtained under symmetric (squared error loss function) and asymmetric (linear exponential and general entropy) loss functions using gamma priors. Lindley and MCMC approximation methods are used for Bayesian calculations. Additionally, asymptotic confidence intervals based on maximum likelihood estimators and Bayesian credible intervals constructed via Markov Chain Monte Carlo methods are presented. An extensive Monte Carlo simulation study compares the efficiencies of classical and Bayesian estimators, revealing that Bayesian estimators outperform classical ones. Finally, a real-life data example is provided to illustrate the practical applicability of the proposed methods.