On hazard rates modelled by mixtures of exponential distributions

On hazard rates modelled by mixtures of exponential distributions

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Article ID: iaor20013111
Country: Belgium
Volume: 39
Issue: 1
Start Page Number: 31
End Page Number: 38
Publication Date: Jan 1999
Journal: Belgian Journal of Operations Research, Statistics and Computer Science
Authors:
Keywords: quality & reliability
Abstract:

We construct a family of hazard rates generated by mixtures of exponential distributions with possibly negative weights. First, we derive necessary and sufficient (non-uniform) conditions for monotone or non-monotone hazard rates. Next, we derive simple (uniform) and useful necessary conditions based on some particular test functions. A set of examples, including a bathtub hazard rate, demonstrates that our family is surprisingly large.

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