On the maximum and minimum for classes of univariate distributions
Given a random sample X 1 , X 2 , … , X n , the distributions of min X 1 , X 2 , … , X n and max X 1 , X 2 , … , X n are of interest in many areas. We derive explicit expressions for moments of min X 1 , X 2 , … , X n and max X 1 , X 2 , … , X n for thirty four families of distributions, including t...
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Veröffentlicht in: | International journal of system assurance engineering and management 2021-04, Vol.12 (2), p.290-309 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
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Zusammenfassung: | Given a random sample
X
1
,
X
2
,
…
,
X
n
, the distributions of
min
X
1
,
X
2
,
…
,
X
n
and
max
X
1
,
X
2
,
…
,
X
n
are of interest in many areas. We derive explicit expressions for moments of
min
X
1
,
X
2
,
…
,
X
n
and
max
X
1
,
X
2
,
…
,
X
n
for thirty four families of distributions, including the normal and Student’s
t
distributions. These results can be especially useful when data are scarce. The correctness of the expressions is checked by a simulation study. Applications to two engineering data sets are given. |
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ISSN: | 0975-6809 0976-4348 |
DOI: | 10.1007/s13198-021-01078-y |