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Stochastic comparison results between two finite...
Journal article

Stochastic comparison results between two finite mixture models with generalized Weibull distributed components

Abstract

In this paper, we establish sufficient conditions for stochastic comparisons of two finite mixture models (FMMs) with respect to the usual stochastic order, hazard rate order, and likelihood ratio order when the mixing components have generalized Weibull family of distributions. The established (sufficient) conditions are mainly based on the majorization order, weak supermajorization order, and weak submajorization order. The stochastic comparisons are studied when there is heterogeneity in one (model) parameter, and then in two parameters (model parameter and mixing proportion). Further, the concept of unordered majorization order is employed to establish the usual stochastic order between two FMMs. To illustrate the theoretical results established here, several numerical examples and counterexamples are presented. Finally, we have generalized some of the results to the case of τ-mixture models.

Authors

Bhakta R; Balakrishnan N; Kayal S; Pradhan S

Journal

Statistics, Vol. 58, No. 3, pp. 552–575

Publisher

Taylor & Francis

Publication Date

May 3, 2024

DOI

10.1080/02331888.2024.2347343

ISSN

0233-1888

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