Balakrishnan, NarayanaswamyStepanov, Alexei2023-06-162023-06-1620131387-58411573-7713https://doi.org/10.1007/s11009-011-9269-0https://hdl.handle.net/20.500.14365/943Here, we study runs associated with record values. After we first discuss the distributions and moments of runs, we develop the asymptotic theory of these runs. Finally, we apply the concept of runs obtained from record values to a hypothesis testing problem.eninfo:eu-repo/semantics/closedAccessRunsRecordsLimit lawsDispersive orderingHypothesis testingSimulation of recordsEstimating Population CharacteristicsContinuous-Valued SequencesBreaking ObservationsFisher InformationLimit-TheoremsArticle10.1007/s11009-011-9269-02-s2.0-84880740337