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Abstract: In a duration analysis, the time ofenterprises functioning, i.e. from the foundation to theirliquidation, is represented by a random variable. The basiccharacteristic functions used for time description include: densityfunction, distribution function, survival function and hazardfunction. The first one f(t) defines the probability of enterpriseliquidation in the period denoted as t , i.e. in
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- University of Lodz, Poland
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Bibliografia
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bwmeta1.element.ekon-element-000171522745