Ordering of extreme order statistics among q -Weibull random variables

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Authors: Ameen Mahmood K, Shyamal Ghosh, Priyanka Majumder
Cited by: 1
References: 47

Abstract

Abstract The q $q$ q -Weibull distribution, as a generalization of the Weibull distribution, plays an important role in the field of reliability theory, survival analysis, finance, engineering, medical science, etc. In contrast to the Weibull distribution, which is limited to describing monotonic hazard rate functions, the q $q$ q -Weibull distribution offers the flexibility to model various behaviors of the hazard rate function, including unimodal, bathtub-shaped, monotonic (both increasing and decreasing), and constant. In this article, we investigated the stochastic comparison of extreme order statistics derived from independent, heterogeneous q $q$ q -Weibull random variables using various stochastic orderings, including the usual stochastic order, hazard rate order, reversed hazard rate order, and likelihood ratio order. Some of these results are further extended to dependent setups by incorporating Archimedean copulas to model the dependence structure. Finally, we explored the behavior of extreme order statistics when the random variables are subjected to random shocks.

Fields of Study & Subjects

Statistical Distribution Estimation and Applications Financial Risk and Volatility Modeling Hydrology and Drought Analysis

Publication details

Journal / source
Probability in the Engineering and Informational Sciences
Publisher
Cambridge University Press (CUP)
Volume
40
Issue
3
Pages
416–439
Publication date
23 February 2026
Language
EN