On the Discrete Weibull Marshall–Olkin Family of Distributions: Properties, Characterizations, and Applications
In this article, we introduce a new flexible discrete family of distributions, which accommodates wide collection of monotone failure rates. A sub-model of geometric distribution or a discrete generalization of the exponential model is proposed as a special case of the derived family. Besides, we po...
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Veröffentlicht in: | Axioms 2021-12, Vol.10 (4), p.287 |
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Hauptverfasser: | , , , , , |
Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | In this article, we introduce a new flexible discrete family of distributions, which accommodates wide collection of monotone failure rates. A sub-model of geometric distribution or a discrete generalization of the exponential model is proposed as a special case of the derived family. Besides, we point out a comprehensive record of some of its mathematical properties. Two distinct estimation methods for parameters estimation and two different methods for constructing confidence intervals are explored for the proposed distribution. In addition, three extensive Monte Carlo simulations studies are conducted to assess the advantages between estimation methods. Finally, the utility of the new model is embellished by dint of two real datasets. |
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ISSN: | 2075-1680 2075-1680 |
DOI: | 10.3390/axioms10040287 |