Abstract
We obtain here sufficient conditions for increasing concave order and location independent more riskier order of lower record values based on stochastic comparisons of minimum order statistics. We further discuss stochastic orderings of lower record spacings. In particular, we show that increasing convex order of adjacent spacings between minimum order statistics is a sufficient condition for increasing convex order of adjacent spacings of their lower records.
Funder
Ministerio de Ciencia e Innovación
Publisher
Cambridge University Press (CUP)
Subject
Industrial and Manufacturing Engineering,Management Science and Operations Research,Statistics, Probability and Uncertainty,Statistics and Probability