ON THE MEAN AND VARIANCE OF A FUNCTION OF ORDER STATISTICS
Journal: International Journal of Advanced Research (Vol.7, No. 3)Publication Date: 2019-03-01
Authors : Ehtesham Hussain; Muhammad Ahsanuddin.;
Page : 1266-1270
Keywords : Order statistics Statistical Transformation Distribution Theory Taylors expansion.;
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Abstract
Order statistics deals with the properties and applications of random variables and their functions. In this study the distribution of order statistics for samples is derived andTaylor?s expansion technique is applied for the calculation of moments ofthe functions. The transformation of random variable X, i.e. h(X) has been computed in several ways as well and it is found that the variance of ln(X(m+1)) is negligible as compared to the variance of X(m+1). In this paper the probability distribution of ln(X(m+1)) is completely evaluated for large samples.
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