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A generalized Pearson system useful in reliability analysis
Authors:Sankaran  P G  Nair  N Unnikrishnan  Sindhu  T K
Institution:(1) Department of Statistics, Cochin University of Science and Technology, 682022 Cochin, India
Abstract:In the present note, we study an extended class of Pearson system of distributions in the context of reliability. It is shown that the proposed class of models can be characterized by a relatioaship between the failure rate and the conditional moments. Further, we develop a procedure to identify an increasing (decreasing) failure rate model in the generalized Pearson system.
Keywords:failure rate  Pearson family  Generalized Pearson system  conditional moment
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