On weighted failure rate, its means and associated quantile version

Bibliographic Details
Title: On weighted failure rate, its means and associated quantile version
Authors: Bhattacharjee, Subarna, Sunoj, S. M., Anwar, Sabana
Publication Year: 2024
Collection: Mathematics
Statistics
Subject Terms: Mathematics - Statistics Theory, Mathematics - Probability
More Details: 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.
Document Type: Working Paper
Access URL: http://arxiv.org/abs/2404.06909
Accession Number: edsarx.2404.06909
Database: arXiv
More Details
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