Abstract

A new generalized gamma distribution is defined involving a parameter δ = λ − 1; λ ≥ 0 in the Kobayashi's (1991) function Γλ(m,n). The parameter δ will relax the restriction on the parameter λ > 0 in all probability distributions using Kobayashi's (1991) type functions. The hazard rate function of this distribution has the property of monotonicity and that of bathtub. The trend of density function and statistical properties are studied for generalized gamma distribution. With the help of a real life data set the fitting of the distribution is shown. A new Weibull type distribution is also considered and the hazard rate function of this distribution also has both the properties namely bathtub and monotonicity.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

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.