9 research outputs found
Limiting Behaviour of the Mean Residual Life
In survival or reliability studies, the mean residual life or life expectancy
is an important characteristic of the model. Here, we study the limiting
behaviour of the mean residual life, and derive an asymptotic expansion which
can be used to obtain a good approximation for large values of the time
variable. The asymptotic expansion is valid for a quite general class of
failure rate distributions--perhaps the largest class that can be expected
given that the terms depend only on the failure rate and its derivatives.Comment: 19 page