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A new transformed g class of distributions with theory and applications
Author(s):
1. Muhammad Zeshan Arshad: Department of Mathematics and Statistics, University of Agriculture Faisalabad, Pakistan
2. Muhammad Zafar Iqbal: Department of Mathematics and Statistics, University of Agriculture Faisalabad, Pakistan
3. Muhammad Kashif: Department of Mathematics and Statistics, University of Agriculture Faisalabad, Pakistan
4. Madiha Ghamkhar: Department of Mathematics and Statistics, University of Agriculture Faisalabad, Pakistan
Abstract:
In this paper, we develop a new class that generates flexible optimal models. The appropriate features of the new class and a special member are studied by utilizing analytical, graphical, and numerical methodologies. For the estimation of unknown parameters, the maximum likelihood, least-square, and percentile methods are discussed and selection is based on bias and mean square error via an extensive simulation study. Five-life time data sets are evaluated, revealing that the new class has a significant advantage over well-known competitors.
Page(s): 45-78
DOI: DOI not available
Published: Journal: Pakistan Journal of Statistics, Volume: 39, Issue: 1, Year: 2023
Keywords:
probability distribution , power function distribution , Transformed family
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