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The relative ageing is an important notion which is useful to measure how a system ages relative to another one. Among all existing stochastic orders, there are two important orders describing the relative ageing of two systems, namely,…

Applications · Statistics 2019-06-25 Nil Kamal Hazra , Neeraj Misra

Relative ageing describes how a system ages with respect to another one. The ageing faster orders are the ones which compare the relative ageings of two systems. Here, we study ageing faster orders in the hazard and the reversed hazard…

Applications · Statistics 2019-06-21 Nil Kamal Hazra , Neeraj Misra

We study the problem of comparing ageing patterns of the lifetime of k-out-of-n systems. Mathematically, this reduces to being able to decide about a stochastic ordering relationship between different order statistics. We discuss such…

Methodology · Statistics 2020-06-04 Tommaso Lando , Idir Arab , Paulo Eduardo Oliveira

We introduce some new generalized stochastic orderings (in the spirit of relative ageing) which compare probability distributions with the exponential distribution. These orderings are useful to understand the phenomenon of positive ageing…

Applications · Statistics 2014-10-21 Nil Kamal Hazra , Asok K. Nanda

The statistics of records for a time series generated by a continuous time random walk is studied, and found to be independent of the details of the jump length distribution, as long as the latter is continuous and symmetric. However, the…

Statistical Mechanics · Physics 2011-04-13 Sanjib Sabhapandit

In this manuscript, we study stochastic comparisons of the second-order statistics from dependent or independent observations with modified proportional hazard rates models. First, we establish the usual stochastic order of the second-order…

Statistics Theory · Mathematics 2022-01-06 Niu Jiale

The second-largest order statistic is of special importance in reliability theory since it represents the time to failure of a $2$-out-of-$n$ system. Consider two $2$-out-of-$n$ systems with heterogeneous random lifetimes. The lifetimes are…

Statistics Theory · Mathematics 2021-04-20 Sangita Das , Suchandan Kayal

In this paper, we investigate inaccuracy measures based on record values, focusing on the relationship between the distribution of the n-th upper and lower k-record values and the parent distribution. We extend the classical Kerridge…

Statistics Theory · Mathematics 2024-10-24 Santosh Kumar Chaudhary , Nitin Gupta

This paper investigates the probability density function ($pdf$) of the $(2n-1)$-vector $(n\geq 1)$ of both lower and upper record values for a sequence of independent random variables with common $pdf f$ defined on the same probability…

Probability · Mathematics 2021-09-13 Gane Samb Lo , Mohammad Ahsanullah , Aladji Babacar Niang

We study statistics of records in a sequence of random variables. These identical and independently distributed variables are drawn from the parent distribution rho. The running record equals the maximum of all elements in the sequence up…

Statistical Mechanics · Physics 2014-01-03 E. Ben-Naim , P. L. Krapivsky

We analyze record-breaking events in time series of continuous random variables that are subsequently discretized by rounding down to integer multiples of a discretization scale $\Delta>0$. Rounding leads to ties of an existing record,…

Data Analysis, Statistics and Probability · Physics 2015-06-05 G. Wergen , D. Volovik , S. Redner , J. Krug

In this paper, we study stochastic ordering results between two finite mixtures with single and multiple outliers, assuming subpopulations follow general exponentiated location-scale distributions. For single-outlier mixtures, several…

Statistics Theory · Mathematics 2025-11-04 Raju Bhakta , Kaushik Gupta , Ghobad Saadat Kia , Suchandan Kayal

The Gompertz-Makeham distribution, which is used commonly to represent lifetimes based on laws of mortality, is one of the most popular choices for mortality modelling in the field of actuarial science. This paper investigates ordering…

Applications · Statistics 2019-12-10 Amarjit Kundu , Shovan Chowdhury , Narayanaswamy Balakrishnan

In the context of this paper, a record is an entry in a sequence of random variables (RV's) that is larger or smaller than all previous entries. After a brief review of the classic theory of records, which is largely restricted to sequences…

Statistical Mechanics · Physics 2008-03-20 Joachim Krug

We propose some new results on the comparison of the minimum or maximum order statistic from a random number of non-identical random variables. Under the non-identical set-up, with certain conditions, we prove that random minimum (maximum)…

Statistics Theory · Mathematics 2024-03-08 Amarjit Kundu , Shovan Chowdhury , Bidhan Modok

We show that the $k$th order statistic from a heterogeneous sample of $n\geq k$ exponential random variables is larger than that from a homogeneous exponential sample in the sense of star ordering, as conjectured by Xu and Balakrishnan…

Statistics Theory · Mathematics 2016-07-25 Yaming Yu

A record is an entry in a time series that is larger or smaller than all previous entries. If the time series consists of independent, identically distributed random variables with a superimposed linear trend, record events are positively…

Data Analysis, Statistics and Probability · Physics 2015-05-30 J. Franke , G. Wergen , J. Krug

The study of record statistics of correlated series is gaining momentum. In this work, we study the records statistics of the time series of select stock market data and the geometric random walk, primarily through simulations. We show that…

Statistical Finance · Quantitative Finance 2014-10-10 Behlool Sabir , M. S. Santhanam

We characterize the exponential distribution as the only one which satisfies a regression condition. This condition involves the regression function of a fixed record value given two other record values, one of them being previous and the…

Probability · Mathematics 2011-05-06 George P. Yanev

In this paper, we consider two finite mixture models (FMMs), with inverted-Kumaraswamy distributed components' lifetimes. Several stochastic ordering results between the FMMs have been obtained. Mainly, we focus on three different cases in…

Statistics Theory · Mathematics 2024-03-08 Raju Bhakta , Pradip Kundu , Suchandan Kayal , Morad Alizadeh
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