| Autor: |
Eghwerido, Joseph Thomas, Oguntunde, Pelumi E., Agu, Friday Ikechukwu |
| Zdroj: |
Sankhya A; Feb2023, Vol. 85 Issue 1, p172-197, 26p |
| Abstrakt: |
In this article, a new family of distribution called the alpha power Marshall-Olkin-G (APMO-G) family of distributions was proposed. The new family of distribution provides a better fit for continuous distributions for lifetime processes. The proposed family of distributions extends the existing alpha power transformed family of distributions by an additional parameter. A comprehensive reliability structural properties were derived. The moments, order statistics, hazard rate, and quantile functions, were also examined. The parameters of the proposed APMO-G model were obtained by the maximum likelihood method. Monte Carlo simulation was used to access the performance of the estimators. The goodness-of-fit test statistics were examined by means of two real-life data sets to demonstrate empirical flexibility. The results show that the APMO-G density provides a better fit when compared with other existing models and can serve as a better alternative model in the literature. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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