Manu, F. and Usman, U. and Audu, A. and Isah, B. Y. (2023) A New Life-Time Model with Bathtub and Inverted Bathtub Failure Rate Function. Asian Journal of Probability and Statistics, 25 (4). pp. 107-119. ISSN 2582-0230
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Abstract
In this paper, a three parameter model called Zubair- Kumaraswamy (Z-Kum) distribution is proposed. The extension was done using Zubair G-Family [1] of continuous probability distribution to extend the well knownKumaraswamy distribution to make it more flexible in modeling and predicting real world phenomenon. Some basic structural properties of the new distributions like cdf, pdf, quantile functions, moments, moment generating functions, characteristics functions and order statistics was obtained. Survival function, hazard function, reversed hazard rate function and a cumulative hazard rate function was also obtained. Behavior of the hazard rate plot exhibit increase, decrease, Bathtub and inverted Bathtub shape. Maximum likelihood estimate was used to estimate the Z-Kum distribution parameters. Monte Carlo simulation was carried out to evaluate the performance of MLE method adopted. Result of the simulation studies indicates that MLE is good for the estimation of our distribution parameters. To compare the proposed model with the other fitted existing models, analytical measure of goodness of fit of some information criterion was considered using three real life data sets. From the results obtained, it is evident that our proposed model gives better fit than the other competing models and therefore, our proposed model provide greater flexibility in modeling real world phenomenon.
Item Type: | Article |
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Subjects: | GO for STM > Mathematical Science |
Depositing User: | Unnamed user with email support@goforstm.com |
Date Deposited: | 04 Jan 2024 06:19 |
Last Modified: | 04 Jan 2024 06:19 |
URI: | http://archive.article4submit.com/id/eprint/2574 |