Abstract
In recent times, lots of efforts have been made to define new probability distributions that cover different aspect of human endeavors with a view to providing alternatives in modeling real life data. In this article, a five-parameter Weibull-Burr XII (Wei-Burr XII) distribution is studied and investigated. Some of its statistical properties comprising moments, moment generating function, characteristics function, quantile function and reliability (survival) functions are defined. The distribution's parameters are estimated by method of maximum likelihood. We evaluate the performance of the proposed distribution against other similar probability distributions based on a real life dataset. Keywords : Weibull Distribution, Moments, Characteristics function, Reliability function, Maximum Likelihood.
Sign-in/Register to access full text options 
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 callDisclaimer: 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.
