Characterizations of the hazard rate order and IFR aging notion (Q1767735): Difference between revisions

The authors show that two random variables \(X\) and \(Y\) satisfy \(X\leq_{\text{hr}}Y\) (that is, are ordered with respect to the hazard rate order) if and only if \([X-t\mid X>t]\leq_{\text{Lt}}[Y-t\mid Y>t]\) (that is, are ordered with respect to the Laplace transform order) for all \(t\). As consequences they obtain new characterizations of the hazard rate order, and of the IFR (increasing failure rate) aging notion, by means of the mean residual life order, and the DMRL (decreasing mean residual life) aging notion.