On relative ordering of mean residual lifetime functions

Some properties of the mean residual lifetime (MRL) functions are studied. The main focus is on relative characteristics. It is proved that under certain assumptions the relative hazard rate ordering leads to the corresponding ultimate MRL ordering. This result is applied to stochastic comparison of random variables, described by a baseline and mixture distributions, respectively.

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Year of publication:	2006
Authors:	Finkelstein, Maxim
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 76.2006, 9, p. 939-944
Publisher:	Elsevier
Keywords:	Mean residual life function Failure rate Mixture of distributions Relative mean residual life function Random environment

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005254704