Abstract

This research article presents a new Pranav power series class of distributions which is obtained by compounding one parameter Pranav and power series distributions. Various special cases of the new model have been unfolded. Numerous statistical properties of the proposed model are investigated including closed-form expressions for the density function, cumulative distribution function, survival function, hazard rate function, the moments of order statistics and MLEs. Finally, the flexibility and potentiality of the PPS distribution has been demonstrated by means of two real life data sets.

Full Text
Published version (Free)

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