SYNOPTIC ABSTRACT
In this study, we have obtained the uniformly minimum variance unbiased estimator (UMVUE) of reliability function and stress–strength reliability for one parameter proportional reversed hazard rate family of distribution based on lower record values. Further, the results are reduced for power function distribution, exponentiated Weibull distribution, generalized exponential distribution, generalized Rayleigh (also known as Burr type X) distribution and Topp–Leone distribution. Also, the UMVU estimator and maximum likelihood estimator are compared through simulation.
Acknowledgment
The authors are thankful to the anonymous Referees and the Chief Editor, American Journal of Mathematical and Management Sciences for their fruitful comments and suggestions. The authors also acknowledge their thanks to Prof. Abdul Hamid Khan and Prof. Neeraj Misra for their suggestions throughout the preparation of the manuscript.
Funding
Authors are also thankful to University Grant Commission for awarding UGC-BSR start up grant ((No. F.30-90/2015(BSR)).