Homm and Pigorsch (2012a) use the Aumann and Serrano index to develop a new economic performance measure (EPM), which is well known to have advantages over other measures. In this paper, we extend the theory by constructing a one-sample confidence interval of EPM, and construct confidence...

Homm and Pigorsch (2012a) use the Aumann and Serrano index to develop a new economic performance measure (EPM), which is well known to have advantages over other measures. In this paper, we extend the theory by constructing a one-sample confidence interval of EPM, and construct confidence...

Abstract We consider the Dagum distribution for estimating the reliability of a k -component stress-strength system with different shape values of the shape parameter. We assume that the system has strength modelled by k independent and identically distributed random variables, and each...

Based on an R2-valued random sample {(yi,xi),1≤i≤n} on the simple linear regression model yi=xiβ+α+εi with unknown error variables εi, least squares processes (LSPs) are introduced in D[0,1] for the unknown slope β and intercept α, as well as for the unknown β when α=0. These LSPs...