Generalized total time on test transform for weighted variables, properties and applications

In this article, the generalized  total  time on test transform and some related transforms for weighted variables are stated. Their characteristics and relationship with each other have been considered and also these transforms have been investigated in the weighted mode from the point of view of s...

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Main Authors: Mojtaba Esfahani, Mohammad Amini, G. R. Mohtashami Borzadaran
Format: Article
Language:English
Published: Shahid Bahonar University of Kerman 2024-08-01
Series:Journal of Mahani Mathematical Research
Subjects:
Online Access:https://jmmrc.uk.ac.ir/article_4307_a466196b7c5d73f9843fd00959fb2b8d.pdf
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author Mojtaba Esfahani
Mohammad Amini
G. R. Mohtashami Borzadaran
author_facet Mojtaba Esfahani
Mohammad Amini
G. R. Mohtashami Borzadaran
author_sort Mojtaba Esfahani
collection DOAJ
description In this article, the generalized  total  time on test transform and some related transforms for weighted variables are stated. Their characteristics and relationship with each other have been considered and also these transforms have been investigated in the weighted mode from the point of view of stochastic orders. Also, by presenting graphs of generalized total time on test transform   for some common weight functions, its behavior with respect to the weighted function is studied. Then the relationship of this transform with its initial state is expressed. In the following, the topic under discussion is explained with some practical examples. Then providing a comprehensive exploration of the applications of the studied transforms within the domains of insurance and reliability. By delving into these practical contexts, we gain valuable insights into how these mathematical tools can be effectively utilized to address complex challenges in risk assessment, decision-making, and resource allocation. Additionally, the examination of the NBU class of distributions offers a deeper understanding of their behavior, shedding light on their relevance and applicability in various statistical analyses.    Finally, the article concludes with a detailed discussion of a specific real dataset, offering a concrete demonstration of how the topic under study can be applied in practice.
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spelling doaj-art-785dae9135e443b6b8f01c031fc19b602025-01-04T19:29:34ZengShahid Bahonar University of KermanJournal of Mahani Mathematical Research2251-79522645-45052024-08-01133557010.22103/jmmr.2024.22530.15404307Generalized total time on test transform for weighted variables, properties and applicationsMojtaba Esfahani0Mohammad Amini1G. R. Mohtashami Borzadaran2Department of Statistics, Velayat University of Iranshahr, Iranshahr, IranDepartment of Statistics, Faculty of Mathematical Sciences, Ferdowsi University of Mashhad, Mashhad, IranDepartment of Statistics, Faculty of Mathematical Sciences, Ferdowsi University of Mashhad, Mashhad, IranIn this article, the generalized  total  time on test transform and some related transforms for weighted variables are stated. Their characteristics and relationship with each other have been considered and also these transforms have been investigated in the weighted mode from the point of view of stochastic orders. Also, by presenting graphs of generalized total time on test transform   for some common weight functions, its behavior with respect to the weighted function is studied. Then the relationship of this transform with its initial state is expressed. In the following, the topic under discussion is explained with some practical examples. Then providing a comprehensive exploration of the applications of the studied transforms within the domains of insurance and reliability. By delving into these practical contexts, we gain valuable insights into how these mathematical tools can be effectively utilized to address complex challenges in risk assessment, decision-making, and resource allocation. Additionally, the examination of the NBU class of distributions offers a deeper understanding of their behavior, shedding light on their relevance and applicability in various statistical analyses.    Finally, the article concludes with a detailed discussion of a specific real dataset, offering a concrete demonstration of how the topic under study can be applied in practice.https://jmmrc.uk.ac.ir/article_4307_a466196b7c5d73f9843fd00959fb2b8d.pdftotal time on test transformweighted variablelocation independent riskier transformexcess wealth transformdistortion pricing principle
spellingShingle Mojtaba Esfahani
Mohammad Amini
G. R. Mohtashami Borzadaran
Generalized total time on test transform for weighted variables, properties and applications
Journal of Mahani Mathematical Research
total time on test transform
weighted variable
location independent riskier transform
excess wealth transform
distortion pricing principle
title Generalized total time on test transform for weighted variables, properties and applications
title_full Generalized total time on test transform for weighted variables, properties and applications
title_fullStr Generalized total time on test transform for weighted variables, properties and applications
title_full_unstemmed Generalized total time on test transform for weighted variables, properties and applications
title_short Generalized total time on test transform for weighted variables, properties and applications
title_sort generalized total time on test transform for weighted variables properties and applications
topic total time on test transform
weighted variable
location independent riskier transform
excess wealth transform
distortion pricing principle
url https://jmmrc.uk.ac.ir/article_4307_a466196b7c5d73f9843fd00959fb2b8d.pdf
work_keys_str_mv AT mojtabaesfahani generalizedtotaltimeontesttransformforweightedvariablespropertiesandapplications
AT mohammadamini generalizedtotaltimeontesttransformforweightedvariablespropertiesandapplications
AT grmohtashamiborzadaran generalizedtotaltimeontesttransformforweightedvariablespropertiesandapplications