Abstract
In this paper, we introduce a new continuous family of distributions called the Topp-Leone type II exponentiated half logistic-G (TL-TIIEHL-G). We also present some of the special cases of the new model. Some statistical properties of the new family of distributions are explored. The statistical properties studied include the expansion of the density function, hazard and quantile functions, moments, moment generating functions, probability weighted moments, stochastic ordering, distribution of order statistics and Rényi entropy. The maximum likelihood technique is used to estimate the model parameters and Monte Carlo simulations are presented. Lastly, the importance of the new family of distributions is examined by means of applications to real dataset.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Mathematics in Operational Research
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.