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Estimation Methods for the New Weibull-Pareto Distribution: Simulation and Application
Volume 17, Issue 3 (2019), pp. 613–632
Ehab. M. Almetwally   Hisham. M. Almongy  

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https://doi.org/10.6339/JDS.201907_17(3).0009
Pub. online: 4 August 2022      Type: Research Article      Open accessOpen Access

Published
4 August 2022

Abstract

In this paper, we introduce the alternative methods to estimation for the new weibull-pareto distribution parameters. We discussed of point estimation and interval estimation for parameters of the new weibull-pareto distribution. We have also discussed the method of Maximum Likelihood estimation, the method of Least Squares estimation, the method of Weighted Least Squares estimation and the method of Maximum Product Spacing estimation. In addition, we discussed the raw moment of random variable X and the reliability functions (survival and hazard functions). Further, we compared between the results of the methods that have been discussed using Monte Carlo Simulation method and application study.

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Keywords
The new Weibull-Pareto Distribution Maximum Likelihood Estimation least-squares Estimation weighted least-squares Estimation Maximum Product Spacing method Interval Estimation Bootstrap and Reliability Functions

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