Alpha Power Transformed Inverse Lomax Distribution with Different Methods of Estimation and Applications

In this paper, a new three-parameter lifetime distribution, alpha power transformed inverse Lomax (APTIL) distribution, is proposed. The APTIL distribution is more flexible than inverse Lomax distribution. We derived some mathematical properties including moments, moment generating function, quantil...

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Veröffentlicht in:Complexity (New York, N.Y.) N.Y.), 2020, Vol.2020 (2020), p.1-15, Article 1860813
Hauptverfasser: Elsehety, Mahmoud, Hashmi, Sharqa, Ahsan ul Haq, Muhammad, ZeinEldin, Ramadan A.
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container_title Complexity (New York, N.Y.)
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creator Elsehety, Mahmoud
Hashmi, Sharqa
Ahsan ul Haq, Muhammad
ZeinEldin, Ramadan A.
description In this paper, a new three-parameter lifetime distribution, alpha power transformed inverse Lomax (APTIL) distribution, is proposed. The APTIL distribution is more flexible than inverse Lomax distribution. We derived some mathematical properties including moments, moment generating function, quantile function, mode, stress strength reliability, and order statistics. Characterization related to hazard rate function is also derived. The model parameters are estimated using eight estimation methods including maximum likelihood, least squares, weighted least squares, percentile, Cramer–von Mises, maximum product of spacing, Anderson–Darling, and right-tail Anderson–Darling. Numerical results are calculated to compare the performance of these estimation methods. Finally, we used three real-life datasets to show the flexibility of the APTIL distribution.
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subjects Electric power distribution
Estimating techniques
Least squares
Mathematics
Mathematics, Interdisciplinary Applications
Maximum likelihood estimation
Multidisciplinary Sciences
Parameter estimation
Physical Sciences
Science & Technology
Science & Technology - Other Topics
title Alpha Power Transformed Inverse Lomax Distribution with Different Methods of Estimation and Applications
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