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On The First Passage Time Distribution For A Class Of Markov Chains, Mark Brown, Narasinga Rao Chaganty
On The First Passage Time Distribution For A Class Of Markov Chains, Mark Brown, Narasinga Rao Chaganty
Mathematics & Statistics Faculty Publications
Consider a stochastically monotone chain with monotone paths on a partially ordered countable set S. Let C be an increasing subset of S with finite complement. Then the first passage-time from i ∈ S to C is shown to be IFRA (increasing failure rate on the,av;rage). Several applications are presented including coherent systems, shock models, and convolutions of IFRA distributions.