Randomly Weighted Averages on Order Statistics
Abstract: We study a well-known problem concerning a random variable uniformly distributed between two independent random variables. Two different extensions, randomly weighted average on independent random variables and randomly weighted average on order statistics, have been introduced for this problem. For the second method, two-sided power random variables have been defined. By using classic method and power technical method, we study some properties for these random variables.
Cite this paper: H. Hajir, H. Leila and M. Ghasemi, "Randomly Weighted Averages on Order Statistics," Applied Mathematics, Vol. 4 No. 9, 2013, pp. 1340-1346. doi: 10.4236/am.2013.49181.
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