A max–min model of random variables in bivariate random sequences
We introduce a max–min model to bivariate random sequences and applying bivariate binomial distribution in fourfold scheme derive the distributions of associated order statistics in a new model. Some examples for special cases are presented and applications of the results in reliability analysis and actuarial sciences are discussed.
SourceJournal of Computational and Applied Mathematics
KeywordsBivariate binomial distribution
Bivariate random sample
Sequence of random variables