On weighted failure rate, its means and associated quantile version
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arXiv
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| Format: | Preprint |
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2024
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| _version_ | 1866914747836792832 |
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| author | Bhattacharjee, Subarna Sunoj, S. M. Anwar, Sabana |
| author_facet | Bhattacharjee, Subarna Sunoj, S. M. Anwar, Sabana |
| contents | In this paper, we define weighted failure rate and their different means from the stand point of an application. We begin by emphasizing that the formation of n independent component series system having weighted failure rates with sum of weight functions being unity is same as a mixture of n distributions. We derive some parametric and non-parametric characterization results. We discuss on the form invariance property of baseline failure rate for a specific choice of weight function. Some bounds on means of aging functions are obtained. Here, we establish that weighted IFRA class is not closed under formation of coherent systems unlike the IFRA class. An interesting application of the present work is credited to the fact that the quantile version of means of failure rate is obtained as a special case of weighted means of failure rate. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2404_06909 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | On weighted failure rate, its means and associated quantile version Bhattacharjee, Subarna Sunoj, S. M. Anwar, Sabana Statistics Theory Probability In this paper, we define weighted failure rate and their different means from the stand point of an application. We begin by emphasizing that the formation of n independent component series system having weighted failure rates with sum of weight functions being unity is same as a mixture of n distributions. We derive some parametric and non-parametric characterization results. We discuss on the form invariance property of baseline failure rate for a specific choice of weight function. Some bounds on means of aging functions are obtained. Here, we establish that weighted IFRA class is not closed under formation of coherent systems unlike the IFRA class. An interesting application of the present work is credited to the fact that the quantile version of means of failure rate is obtained as a special case of weighted means of failure rate. |
| title | On weighted failure rate, its means and associated quantile version |
| topic | Statistics Theory Probability |
| url | https://arxiv.org/abs/2404.06909 |