Abstract
Heavy-tailed distributions have wide applications in life-time contexts, especially in reliability and risk modeling. So we consider the estimation problem of reliability, R = P(X > Y), when X and Y are two independent but not identically distributed random variables belonging to the family of heavy-tailed distributions, using a robust estimator, namely the harmonic moment estimator. Extensive simulation studies are carried out to study the performance of this estimator.
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.
