Reversed preservation of stochastic orders for random minima and maxima with applications
Abbreviated Journal Title
random minima (maxima); TTT-transform order; right spread order; increasing convex (concave) order; DMRL; NBUC; NBU(2); NBUT; LIFE DISTRIBUTIONS; Statistics & Probability
In this paper, reversed preservation properties of right spread order, total time on test order and increasing convex (concave) order when taking random minima and maxima are developed. In this context, reversed preservation properties of some ageing concepts are investigated under parallel (series) systems which are composed of a random number of i.i.d. components. Some applications in reliability and economics axe given.
"Reversed preservation of stochastic orders for random minima and maxima with applications" (2007). Faculty Bibliography 2000s. 6801.