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1. A NOTE ON THE CHARACTERIZATION OF PARETO DISTRIBUTION BY THE HAZARD RATE OF UPPER RECORD VALUES

Author

Ahsanullah, M., Aliev, F., Oncel, S. Y., and Kırıkkale Üniversitesi

Subjects
Characterization, Hazard Rate, Pareto distribution, Record Values
Abstract

Aliev, Fazil/0000-0001-8357-4699; ONCEL, Sevgi YURT/0000-0002-0990-292X WOS: 000328500300007 Let {X-i, i = 1 2, ... } be a sequence of independent and identically distributed (iid) random variables with absolutely continuous (with respect to Lebesgue measure) cumulative distribution function (cdf) F(x) with F(1) = 0 and the corresponding probability density function (pdf) f(x). We provide two characterizations of Pareto distribution based on ratios of upper records and properties of hazard rate.

Published
2013

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