A Moment Inequality for the NBRULC Class: Statistical Properties with Applications to Model Asymmetric Data

In this paper, the moment inequalities for some aging distributions are derived based on a mathematical class entitled “<i>a new better than renewal used in Laplace transform order in increasing convex order class</i> (NBRULC)”. The introduced inequalities can be utilized as a new mathem...

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Bibliographic Details
Main Authors: Mahmoud El-Morshedy, Afrah Al-Bossly, Rashad M. EL-Sagheer, Bader Almohaimeed, Waleed B. H. Etman, Mohamed S. Eliwa
Format: Article
Language:English
Published: MDPI AG 2022-11-01
Series:Symmetry
Subjects:
Online Access:https://www.mdpi.com/2073-8994/14/11/2353
Description
Summary:In this paper, the moment inequalities for some aging distributions are derived based on a mathematical class entitled “<i>a new better than renewal used in Laplace transform order in increasing convex order class</i> (NBRULC)”. The introduced inequalities can be utilized as a new mathematical test for the exponentiality property versus NBRULC. If the mean life is finitely based on these inequalities, then all higher-order moments exist. Pitman’s asymptotic efficiency of the new mathematical test is derived and studied in detail for some asymmetric probability models. The new mathematical test’s power is estimated in reliability studies for a few well-known alternative asymmetric models. The problem in the case of right-censored data is also handled. After that, applying the suggested test to practical issues is demonstrated using asymmetric, real datasets.
ISSN:2073-8994