Document Type
Article
Publication Date
2-2021
Publisher
Public Library of Science (PLoS)
Source Publication
PLoS One
Source ISSN
1932-6203
Abstract
In this study, a new flexible lifetime model called Burr XII moment exponential (BXII-ME) distribution is introduced. We derive some of its mathematical properties including the ordinary moments, conditional moments, reliability measures and characterizations. We employ different estimation methods such as the maximum likelihood, maximum product spacings, least squares, weighted least squares, Cramer-von Mises and Anderson-Darling methods for estimating the model parameters. We perform simulation studies on the basis of the graphical results to see the performance of the above estimators of the BXII-ME distribution. We verify the potentiality of the BXII-ME model via monthly actual taxes revenue and fatigue life applications.
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Recommended Citation
Bhatti, Fiaz Ahmad; Hamedani, Gholamhossein; Korkmaz, Mustafa Ç.; Sheng, Menhui; and Ali, Azeem, "On the Burr XII-moment Exponential Distribution" (2021). Mathematical and Statistical Science Faculty Research and Publications. 87.
https://epublications.marquette.edu/math_fac/87
Comments
Published version. PLoS One, Vol. 16, No. 2 (February 2021): e0246935. DOI. © 2021 Bhatti et al. published by Public Library of Science (PLoS). Used with permission. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.