Microfinance Institutions (MFIs) face unique challenges since it must achieve a double bottom line— outreach and sustainability. So is microfinance worthwhile or worthless? The proper performance measurement framework here is a better way to judge this than a simple measure of numbers. This paper seeks to present, to MFIs, a new rigorous performance measurement framework that incorporates the b...

In many life-testing and reliability studies, the experimenter might not always obtain complete information on failure times for all experimental units. One of the most common censoring schemes is progressive type-II censoring. The aim of this paper is characterizing the parent distributions based on Shannon entropy of progressive type-II censored order statistics. It is shown that the equality...