Affiliation:
1. Department of Statistics, Cochin University of Science and Technology, Cochin 682 022, Kerala, India
Abstract
The Laplace transform order of reversed residual life, introduced by [I. Elbatal, The Laplace order and ordering of reversed residual life, Appl. Math. Sci. 36 (2007) 1773–1788.] is used in the stochastic comparison of two life distributions. In this paper, we aim to study new notions of stochastic comparisons based on bivariate Laplace transform order of reversed residual lives. We investigate relationships the new stochastic order has with other existing bivariate orders. The interpretation of the new orders and their applications in different contexts are also pointed out.
Publisher
World Scientific Pub Co Pte Ltd
Subject
Electrical and Electronic Engineering,Industrial and Manufacturing Engineering,Energy Engineering and Power Technology,Aerospace Engineering,Safety, Risk, Reliability and Quality,Nuclear Energy and Engineering,General Computer Science