Ageing concepts: An approach based on quantile function
N. Unnikrishnan Nair and
B. Vineshkumar
Statistics & Probability Letters, 2011, vol. 81, issue 12, 2016-2025
Abstract:
The notion of ageing plays an important role in reliability analysis and in identifying life distributions. Most of the ageing concepts existing in the literature are described on the basis of measures defined in terms of the distribution function. Recently, the role of quantile functions has also been identified as lifetime models, and reliability functions based on distribution functions were redefined in terms of quantile functions. In the present paper, we redefine some important popular ageing concepts using quantile functions. The uses of new definitions are illustrated by discussing ageing properties of some quantile function models.
Keywords: Ageing concepts; Quantile function; Hazard quantile function; Residual quantile function (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:eee:stapro:v:81:y:2011:i:12:p:2016-2025
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DOI: 10.1016/j.spl.2011.08.008
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