Orderings of the finite mixture with modified proportional hazard rate model
Abstract: In this paper, we consider finite mixture models with modified proportional hazard rates. Sufficient conditions for the usual stochastic order and the hazard order are established under chain majorization. We study stochastic comparisons under different settings of T-transform for various values of chain majorization. We establish usual stochastic order and hazard rate order between two mixture random variables when a matrix of model parameters and mixing proportions changes to another matrix in some mathematical sense. Sufficient conditions for the star order and Lorenz order are established under weakly supermajorization. The results of this paper are illustrated with numerical examples.
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