Abstract
In this article, we have proposed a wider class of distributions by modifying the distribution function of the baseline density. This new class is a generalization of many well–known generators such as beta family, Kumaraswamy family, Kummer beta generalized family and Topp–Leone family. Furthermore, we have introduced a subcase, known as G–Fixed–Topp–Leone class, with different properties and have provided the expression for the reliability in the multicomponent stress–strength model. Additionally, we have studied the exponential–fixed–Topp–Leone distribution as an example; some structural properties of this three-parameter exponential distribution are driven which also include the derivations of incomplete moments, mean deviation, measures of uncertainty, reliability in multicomponent stress-stress model, order statistics, Lorenz, Bonferroni and Zenga curves. The estimation of the unknown parameters is done by the method of maximum likelihood. We have also included a real-life application of this new three-parameter exponential distribution to two datasets. A numerical study for the reliability in the multicomponent stress–strength model for the exponential–fixed–Topp–Leone distribution, using the Markov Chain and Monte Carlo (MCMC) method, is also performed.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.