Document Type

Article

Language

eng

Publication Date

2019

Publisher

The Canadian Center of Science and Education

Source Publication

International Journal of Statistics and Probability

Source ISSN

1927-7032

Abstract

In this paper, a flexible lifetime distribution called Cubic rank transmuted modified Burr III-Pareto (CRTMBIII-P) is developed on the basis of the cubic ranking transmutation map. The density function of CRTMBIII-P is arc, exponential, left-skewed, right-skewed and symmetrical shaped. Descriptive measures such as moments, incomplete moments, inequality measures, residual life function and reliability measures are theoretically established. The CRTMBIII-P distribution is characterized via ratio of truncated moments. Parameters of the CRTMBIII-P distribution are estimated using maximum likelihood method. The simulation study for the performance of the maximum likelihood estimates (MLEs) of the parameters of the CRTMBIII-P distribution is carried out. The potentiality of CRTMBIII-P distribution is demonstrated via its application to the real data sets: tensile strength of carbon fibers and strengths of glass fibers. Goodness of fit of this distribution through different methods is studied.

Comments

Published version. International Journal of Statistics and Probability, Vol. 8, No. 1 (2019): 94-112. DOI. This article is © 2019 author(s). Used with permission.

Creative Commons License

Creative Commons Attribution 4.0 License
This work is licensed under a Creative Commons Attribution 4.0 License.

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