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On the Extension of Inverse Lindley Distribution
Volume 15, Issue 2 (2017), pp. 205–220
Vikas Kumar Sharma   Pragya Khandelwal  

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https://doi.org/10.6339/JDS.201704_15(2).0002
Pub. online: 4 August 2022      Type: Research Article      Open accessOpen Access

Published
4 August 2022

Abstract

In this paper, we proposed another extension of inverse Lindley distribution, called extended inverse Lindley and studied its fundamental properties such as moments, inverse moments, mean deviation, stochastic ordering and entropy. The flexibility of the proposed distribution is shown by studying monotonicity properties of density and hazard functions. It is shown that the distribution belongs to the family of upside-down bathtub shaped distributions. Maximum likelihood estimators along with asymptotic confidence intervals are constructed for estimating the unknown parameters. An algorithm is presented for random number generation form the distribution. The property of consistency of MLEs has been verified on the basis of simulated samples. The applicability of the extended inverse Lindley distribution is illustrated by means of real data analysis.

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Keywords
Extended inverse Lindley distribution upside-down bathtub shaped hazard rate Moments

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Journal of data science

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