Let F and G have hazard rate functions AF and AG Show that AF(t) = (t) for

Question:

Let F and G have hazard rate functions AF and AG Show that AF(t) = (t) for all t if, and only if, there exist independent continuous random variables Y and Z such that Y has distribution G and min(Y, Z) has distribution F

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Stochastic Processes

ISBN: 9780471120629

2nd Edition

Authors: Sheldon M. Ross

See More Books

Question Posted: Sep 06, 2024 09:04 AM

See More Questions

BA%20508%202022%20Sprg%20Group%20Proj%202%20instructions.pdf ^ Total variable OH incurred during the year was $83,420 and total fixed OH incurred was $140,540. OH gets applied to products using...
Phillips Co. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the growth rate falling off to a constant 5 percent thereafter. If the required...
The comparative statements of Larker Tool SA are presented below. LARKER TOOL SA Income Statement For the Years Ended December 31 LARKER TOOL SA Statements of Financial Position December 31 All sales...
8. You can perform ANCOVA on: (a) Two groups (b) Three groups (c) Four groups (d) All of the above
Presented hem are the comparative balance sheets of Flames. Inc., at December 31, 2017 and 2016. Sales for the year ended December 31, 2017, totaled $1,700,000. Required: a. Calculate ROI for 2017....
From the following data for a particular period, compute sales and profit variances: Budgeted sales: Actual sales: X, 3,000 units @ Y, 2,000 units @ X, 4,000 units @ Y, 2,500 units @ 20 (standard...
Everly Healthcare has just borrowed $1,000,000 on a five-year, annual payment term loan at a 15 percent rate. The first payment is due one year from now. Construct the amortization schedule for this...
Develop a Gantt chart with the following information. What is the expected duration of the project? What is the critical path? Activity Expected Duration Predecessors A BL 12 8 None None C 5 None D...
LaPaz Companys standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $$9,000$ and budgeted production of 30,000 units. Actual results for the month of October reveal...
The following accounting information pertains to Frost and Wells companies at the end of 2011. The only difference between the two companies is that Frost uses FIFO while Wells uses LIFO. Required a....
Prove that a k-dimensional (vector) subspace of Rn is a k-dimensional manifold.
Calculate Total Contribution Margin for the same items. Total Revenue Total Variable Costs Total Contribution Margin $50.00 a. $116.00 $329.70 b. $275.00 $14,796.00 $7,440.00 c. $40,931.25 d....

Let F and G have hazard rate functions AF and AG Show that AF(t) = (t) for

Question:

Step by Step Answer:

Stochastic Processes

Students also viewed these Business questions