On the mean residual life of records |
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Authors: | Mohammad Z Raqab Majid Asadi |
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Institution: | 1. Department of Mathematics, University of Jordan, Amman 11942, Jordan;2. Department of Statistics, University of Isfahan, Isfahan 81744, Iran |
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Abstract: | Suppose that a technical system is subject to shocks, e.g. peaks of voltages from a sequence of identically independent voltages having a lower limit value v>0. We propose a new definition for the mean residual life of the records of the sequence and study its various properties. |
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Keywords: | Record statistics Hazard rate Generalized Pareto distribution Characterization Stochastic order |
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