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A curious renewal process average

William S. Jewell

Stochastic Processes and their Applications, 1981, vol. 11, issue 3, 293-295

Abstract: The lifetimes of a renewal process observed during a fixed interval (0, t] are smaller, on the average, than the process mean lifetime; it is shown that the mean observed lifetime has a particularly simple form.

Keywords: Renewal; processes; MTBF (search for similar items in EconPapers)
Date: 1981
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Citations: View citations in EconPapers (1)

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