The Marshall-Olkin Gompertz Distribution: Properties and Applications

This article introduces three parameters class for lifetime Poisson processes in the Marshall-Olkin transformation family that are increasing, bathtub and skewed. Some structural mathematical properties of the Marshall-Olkin Gompertz (MO-G) model were derived. The MO-G model parameters were establis...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Statistica (Bologna) 2021-01, Vol.81 (2), p.183-215
Hauptverfasser: Eghwerido, Joseph Thomas, Ogbo, Joel Oruaoghene, Omotoye, Adebola Evelyn
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:This article introduces three parameters class for lifetime Poisson processes in the Marshall-Olkin transformation family that are increasing, bathtub and skewed. Some structural mathematical properties of the Marshall-Olkin Gompertz (MO-G) model were derived. The MO-G model parameters were established by maximum likelihood approach. The flexibility, efficiency, and behavior of the MO-G model estimators were examined through simulation. The empirical applicability, flexibility and proficiency of the MO-G model was scrutinized by a real-life dataset. The proposed MO-G model provides a better fit when compared to existing models in statistical literature and can serve as an alternative model to those appearing in modeling Poisson processes.
ISSN:0390-590X
1973-2201
DOI:10.6092/issn.1973-2201/10993