Abstract

This study delves into Extreme Value Theory, focusing on the limiting distributions of continuous Erlang mixtures and their mixing distributions. It categorizes Erlang mixtures based on their extreme value types, demonstrating that the limiting distributions of the Erlang mixtures can be either Type I (Gumbel) or Type II (Frechet), contingent on the mixing distribution. Further, this study derives the mean residual lifetime and equilibrium distributions of these mixed distributions.

Full Text
Paper version not known

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 call

Disclaimer: 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.