Limiting behaviour of the mean residual life

By David M. Bradley, Ramesh C. Gupta. 2003

49 citations recorded by the source corpus.

In survival or reliability studies, the mean residual life or life expectancy is an important characteristic of the model. Here, we study the limiting behaviour of the mean residual life, and derive an asymptotic expansion which can be used to obtain a good approximation for large values of the time variable. The asymptotic expansion is valid for a quite general class of failure rate distributions—perhaps the largest class that can be expected given that the terms depend only on the failure rate and its derivatives.

Subfields: Artificial Intelligence, Management Science and Operations Research, Statistics and Probability

View Paper: https://www.semanticscholar.org/paper/acea26b0c1211c810b597920c74da3a788a6e120

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In Artificial Intelligence

  1. Dragan Banjevic

In Management Science and Operations Research

  1. Dragan Banjevic

In Statistics and Probability

  1. Dragan Banjevic

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