The decreasing percentile residual life ageing notion

Confidence bands for percentile residual lifetimes

Percentile Residual Life Function for a Class of Life Distributions Having the ‘Setting the Clock Back to Zero’ Property

In the present paper, it is demonstrated that the Percentile Residual Life (PRL) function of a group of individuals in biomedical investigations Ca! easily obtained if the class of their life distributions possesses, what has been called the 'Setting the clock back to zero' property. It is shown that the PRL function for such a family is just its l00(1-α) percentile except, perhaps, with a diff...

Estimation of a monotone percentile residual life function under random censorship.

In this paper, we introduce a new estimator of a percentile residual life function with censored data under a monotonicity constraint. Specifically, it is assumed that the percentile residual life is a decreasing function. This assumption is useful when estimating the percentile residual life of units, which degenerate with age. We establish a law of the iterated logarithm for the proposed esti...

“the effect of risk aversion on the demand for life insurance: the case of iranian life insurance market”

abstract: about 60% of total premium of insurance industry is pertained?to life policies in the world; while the life insurance total premium in iran is less than 6% of total premium in insurance industry in 2008 (sigma, no 3/2009). among the reasons that discourage the life insurance industry is the problem of adverse selection. adverse selection theory describes a situation where the inf...

On a Nonparametric Notion of Residual and its Applications

Let (X,Z) be a continuous random vector in R × Rd, d ≥ 1. In this paper, we define the notion of a nonparametric residual of X on Z that is always independent of the predictor Z. We study its properties and show that the proposed notion of residual matches with the usual residual (error) in a multivariate normal regression model. Given a random vector (X,Y,Z) in R × R × Rd, we use this notion o...