Document Type
Article
Publication Date
6-2020
Publisher
Iranian Statistical Society
Source Publication
Journal of the Iranian Statistical Society: JIRSS
Source ISSN
1726-4057
Abstract
Statistical distributions are very useful in describing and predicting real world phenomena. Consequently, the choice of the most suitable statistical distribution for modeling given data is very important. In this paper, we propose a new class of lifetime distributions called the Weibull Topp-Leone Generated (WTLG) family. The proposed family is constructed via compounding the Weibull and the Topp-Leone distributions. It can provide better fits and is very flexible in comparison with the various known lifetime distributions. Several general statistical properties of the WTLG family are studied in details including density and hazard shapes, limit behavior, mixture representation, skewness and kurtosis, moments, moment generating function, incomplete moment. Different methods have been used to estimate its parameters. The performances of the estimators are numerically investigated. We have discussed inference on the new family based on the likelihood ratio statistics for testing some lifetime distributions. We assess the performance of the maximum likelihood estimators in terms of the biases and mean squared errors by means of a simulation study. The importance and flexibility of the new family are illustrated by means of two applications to real data sets.
Recommended Citation
Karamikabir, Hamid; Afshari, Mahmoud; Yousof, Haitham M.; Alizadeh, Morad; and Hamedani, Gholamhossein G., "The Weibull Topp-Leone Generated Family of Distributions: Statistical Properties and Applications" (2020). Mathematical and Statistical Science Faculty Research and Publications. 137.
https://epublications.marquette.edu/math_fac/137
Comments
Journal of the Iranian Statistical Society: JIRSS, Vol. 19, No. 1 (June 2020): 121-161. Stable URL. © 2020 Iranian Statistical Society