The Exponentiated Half-logistic Odd Burr III-G: Model, Properties and Applications: The Exponentiated Half-logistic Odd Burr III-G

A new family of distributions called exponentiated half-logistic Odd Burr III-G (EHL-OBIII-G) is developed and studied. Mathematical and statistical properties such as the hazard function, quantile function, moments, probability weighted moments, Renyi entropy and stochastic orders are derived. The...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Pakistan journal of statistics and operation research 2022-03, p.33-57
Hauptverfasser: Oluyede, Broderick, Peter, Peter O., Ndwapi, Nkumbuludzi, Bindele, Huybrechts
Format: Artikel
Sprache:eng
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:A new family of distributions called exponentiated half-logistic Odd Burr III-G (EHL-OBIII-G) is developed and studied. Mathematical and statistical properties such as the hazard function, quantile function, moments, probability weighted moments, Renyi entropy and stochastic orders are derived. The model parameters are estimated based on the maximum likelihood estimation method. The usefulness of the proposed family of distributions is demonstrated via extensive simulation studies. Finally the proposed model and its special case is applied to real data sets to illustrate its best fit and flexibility.
ISSN:1816-2711
2220-5810
DOI:10.18187/pjsor.v18i1.3668