Abstract

We introduce a new probability aging notion via a functional equation based on the tail invariance of Sibuya’s dependence function which is specified as the ratio between the joint survival function and the product of its marginal survival functions. Solutions of the functional equation are generated by Gumbel’s type I bivariate exponential distribution and independence law. In a particular setting, we construct a version of Gumbel’s law with a singular component.

Full Text
Published version (Free)

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