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Ordering probability distributions by tail behavior
Journal article

Ordering probability distributions by tail behavior

A Alzaid and M Al-Osh
STAT. PROB. LETT, Vol.8(2), pp.185-188
01/01/1989

Abstract

The authors introduce, "the exponent function of a probability distribution" which can be used for ordering probability distributions according to their tail behavior. Some properties of this function as well as the related "failure rate quantile function" are discussed. An ordering among probability distributions based on the right tail exponent of Parzen (1979) is introduced and called "Parzen ordering". Some properties of this ordering along with examples are given.

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