Abstract
The objective of this investigation is to provide framework to construct a threefold mixture model and its shifted version using Weibull, lognormal, and gamma distributions. The proposed models are examined by establishing the statistical and reliability indices. The parameter estimation using the maximum likelihood estimation method (MLE) and expectation-maximization has been proposed. The usefulness of the shifted mixture models by fitting them into the actual data set has revealed. The goodness-of-fit tests are used to compare the mixture models for the real-life data. Based on statistical testing, it is established that for small data set, shifted mixture model is the best fitted model in comparison with other single and mixed mixture distributions.
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 callMore From: National Academy science letters. National Academy of Sciences, India
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.
