Statistical ratios | Theory of probability distributions

Mills ratio

In probability theory, the Mills ratio (or Mills's ratio) of a continuous random variable is the function where is the probability density function, and is the complementary cumulative distribution function (also called survival function). The concept is named after . The Mills ratio is related to the hazard rate h(x) which is defined as by (Wikipedia).

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Censoring (statistics) | Regression analysis | Gauss–Markov theorem | Probability density function | Cumulative distribution function | Survival function | Probit model | Q-function | Heckman correction | Selection bias | Ordinary least squares | Normal distribution | Probit | Random variable | Ratio | Correlation | Probability theory | Truncation (statistics) | Logit