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 |
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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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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.</description><identifier>ISSN: 1076-2787</identifier><identifier>EISSN: 1099-0526</identifier><identifier>DOI: 10.1155/2020/1860813</identifier><language>eng</language><publisher>Cairo, Egypt: Hindawi Publishing Corporation</publisher><subject>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</subject><ispartof>Complexity (New York, N.Y.), 2020, Vol.2020 (2020), p.1-15, Article 1860813</ispartof><rights>Copyright © 2020 Ramadan A. ZeinEldin et al.</rights><rights>COPYRIGHT 2020 John Wiley & Sons, Inc.</rights><rights>Copyright © 2020 Ramadan A. ZeinEldin et al. This is an open access article distributed under the Creative Commons Attribution License (the “License”), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. 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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. 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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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