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The Three-parameters Marshall-Olkin Generalized Weibull Model with Properties and Different Applications to Real Data Sets

Author(s)
Mohamed G. Khalil Department of Statistics, Mathematics and Insurance, Benha University, Benha, Egypt
Wagdy M. Kamel Department of Statistics, Mathematics and Insurance, Tanta University, Tanta, Egypt
Abstract
A new three-parameter life parametric model called the Marshall-Olkin generalized Weibull is defined and studied. Relevant properties are mathematically derived and analyzed. The new density exhibits various important symmetric and asymmetric shapes with different useful kurtosis. The new failure rate can be “constant”, “upside down-constant (reversed U-HRF-constant)”, “increasing then constant”, “monotonically increasing”, “J-HRF” and “monotonically decreasing”. The method of maximum likelihood is employed to estimate the unknown parameters. A graphical simulation is performed to assess the performance of the maximum likelihood estimation. We checked and proved empirically the importance, applicability and flexibility of the new Weibull model in modeling various symmetric and asymmetric types of data. The new distribution has a high ability to model different symmetric and asymmetric types of data.
Publication Details
Page(s) 675-688
Published Journal: Pakistan Journal of Statistics and Operation Research, Volume: 16, Issue: 4, Year: 2020

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Keywords
maximum likelihood estimation, Order Statistics, Generating Function, quantile function, Weibull distribution, Moments, Marshall-Olkin family
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