Estimation of P(X < Y) Stress–Strength Reliability Measures for a Class of Asymmetric Distributions: The Case of Three-Parameter p-Max Stable Laws

Asymmetric distributions are frequently seen in real-world datasets due to a number of factors, such as sample biases and nonlinear interactions between the variables observed. Thus, in order to better characterize real-world phenomena, studying asymmetric distribution is of great interest. In this work, we derive stress–strength reliability formulas of the type P(X