Abstract

In this paper, a new model for count data is introduced by compounding the Poisson distribution with size-biased three-parameter Lindley distribution. Statistical properties, such as reliability, hazard rate, reverse hazard rate, Mills ratio, moments, shewness, kurtosis, moment genrating function, probability generating function and order statistics, have been discussed. Moreover, the collective risk model is discussed by considering the proposed distrubution as the primary distribution and the expoential and Erlang distributions as the secondary ones. Parameter estimation is done using maximum likelihood estimation (MLE). Finally a real dataset is discussed to demonstrate the suitability and applicability of the proposed distribution in modeling count dataset.

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