![Sample our Economics, Finance,Business & Industry journals, sign in here to start your access, latest two full volumes FREE to you for 14 days]({"type":"image" , "src" : "/sda/5931/TOC-Subject-Sample-2021-Economics-Finance-Business-Industry.jpg"})
Abstract
The proportional mean residual life (PMRL) model and its implications are studied. Its relation with the proportional hazard model is explored. Some results concerning ageing properties in reliability are investigated for the PMRL model and conditions under which these classes remain closed are examined. Finally, bounds on the residual moments and residual variance are obtained and some examples are furnished.