On the minimum of independent geometrically distributed random variables
The expectations E[X(1)], E[Z(1)], and E[Y(1)] of the minimum of n independent geometric, modified geometric, or exponential random variables with matching expectations differ. We show how this is accounted for by stochastic variability and how E[X(1)]/E[Y(1)] equals the expected number of ties at the minimum for the geometric random variables. We then introduce the "shifted geometric distribution", and show that there is a unique value of the shift for which the individual shifted geometric and exponential random variables match expectations both individually and in their minimums.
Year of publication: |
1995
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Authors: | Ciardo, Gianfranco ; Leemis, Lawrence M. ; Nicol, David |
Published in: |
Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 23.1995, 4, p. 313-326
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Publisher: |
Elsevier |
Keywords: | Geometric distribution Exponential distribution Stochastic ordering Order statistics |
Saved in:
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