The Gini Index, the Lorenz Curve, and the Total Time on Test Transforms.
Abstract
This note points out the connection between some well-known indicators used in economics and a central concept in reliability theory. In particular, the Lorenz curve and the Gini index are shown to relate to the total time on test transform and the cumulative total time on test transform, respectively. Thus, the recently proposed tests for exponentiality based on the Gini statistic inherit the properties of the tests for exponentiality based on the cumulative total time on test statistic.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 17, 1978
- Accession Number
- ADA056095
Entities
People
- Mahesh Chandra
- Nozer Singpurwalla
Organizations
- George Washington University