Abstract
Abstract Among many bivariate exponential distributions proposed in the statistical literature, the BVE of Marshall and Olkin (1967) is widely accepted. An important property of the BVE is that if X and Y are BVE, then X = Y with positive probability, which makes the BVE inappropriate in many practical situations. For example, in certain types of diseases where the occurrence of simultaneous failure of a pair of organs is rare, an appropriate bivariate exponential distribution to describe the failure of these paired organs should be one that is absolutely continuous. The BVE, however, possesses some other properties that have useful physical interpretations. Therefore, the derivation of an absolutely continuous bivariate exponential distribution retaining the desirable properties of the BVE appears to be a worthwhile objective. To this end, we consider a characterization property of the BVE and modify it suitably to derive an absolutely continuous bivariate distribution. The important characterization pro...
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
