Abstract:
In applied sciences, the lifetime's data models have been constructed to facilitate better modeling and significant progress towards the reliability analysis or survival analysis. For this purpose, a new distribution “Quasi Lindley Pareto Distribution (QLPD)” has been introduced. It's Moments generating function, moments, mean, variance, coefficient of variation, skewness, kurtosis, survival function, hazard function, and distribution of extreme order statistics have been discussed. The maximum likelihood method has been discussed for estimating its parameters. The distribution has been fitted to real life data set to check its goodness of fit to which earlier the Lindley distribution and Quasi Lindley distribution have been fitted and it is found that QLPD provides closer fits than those by the Lindley distribution and Quasi Lindley distribution.
Page(s):
32-40
DOI:
DOI not available
Published:
Journal: Proceedings of the Pakistan Academy of Sciences: A. Physical and Computational Sciences, Volume: 55, Issue: 2, Year: 2018
Keywords:
Survival
,
Order Statistics
,
Moments
,
Goodness of fit
,
Hazard