Abstract
In this paper, reversed preservation properties of right spread order, total time on test order and increasing convex (concave) order when taking random minima and maxima are developed. In this context, reversed preservation properties of some ageing concepts are investigated under parallel (series) systems which are composed of a random number of i.i.d. components. Some applications in reliability and economics are given.
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Ahmad, I., Kayid, M. Reversed preservation of stochastic orders for random minima and maxima with applications. Statistical Papers 48, 283–293 (2007). https://doi.org/10.1007/s00362-006-0331-x
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DOI: https://doi.org/10.1007/s00362-006-0331-x