Extropy has emerged as a pivotal measure in the quantification of uncertainty, serving as a complementary counterpart to the traditional concept of entropy. Unlike entropy, which is widely used to ...

The study of stochastic comparisons and order statistics forms an integral part of probability theory and statistical modelling. At its core, stochastic comparison provides a rigorous framework for ...

This is a preview. Log in through your library . Abstract Formulae are derived and examples given for the expected values of the order statistics from a sample of several groups or families of equal ...

In this work, we investigate the asymptotic behavior of the extremes of a multivariate data by using the Reduced Ordering Principle (R-ordering). When, the sup-norm is used, we reveal the ...

Mitchell Grant is a self-taught investor with over 5 years of experience as a financial trader. He is a financial content strategist and creative content editor. Timothy Li is a consultant, accountant ...