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Survival Probabilities For Compound Binomial Risk Model With Discrete Phase-Type Claims
(2016)
Due to having useful properties in approximating to the otherdistributions and mathematically tractable, phase type distributions are commonly used in actuarial risk theory. Claim occurrence time and individualclaim size ...
Residual Lifetime Of System With Cold Standby Unit
(2017)
In this paper, we define and study two different residual life random variables corresponding to single unit system equipped with cold standby unit. We obtain the conditional survival functions when the lifetimes Of active ...