Abstract

In this paper, we introduced a new extension model of distribution. This model is the Power weighted Gompertz distribution (PWG), it is generated by the power transformation method. We obtained some statistical properties of the new model, including moments, moment generating function, some types of entropies, rsidual life and reversed residual life functions, and Bonferroni and Lorenz curves. Estimation of the parameters of extended distribution is obtained by the method of maximum likelihood. To check the usefulness of new model, we applied two real data set and used some goodness of fit statistics. We illustrated the versatility of proposed model to fit and model data and confirmed that this model provide a better fit than some other very well-known distributions.

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.