In this paper, a new five-parameter extended Burr XII model called new modified Singh-Maddala (NMSM) is developed from cumulative hazard function of the modified log extended integrated beta hazard (MLEIBH) model. The NMSM density function is left-skewed, right-skewed and symmetrical. The Lambert W function is used to study descriptive measures based on quantile, moments, and moments of order statistics, incomplete moments, inequality measures and residual life function. Different reliability and uncertainty measures are also theoretically established. The NMSM distribution is characterized via different techniques and its parameters are estimated using maximum likelihood method. The simulation studies are performed on the basis of graphical results to illustrate the performance of maximum likelihood estimates (MLEs) of the parameters. The significance and flexibility of NMSM distribution is tested through different measures by application to two real data sets.
Abstract: The paper deals with the introduction of new generalized model i.e., Rayleigh Lomax distribution. In this manuscript, a comprehensive description of the various structural properties of the new proposed model including explicit expressions for moments, quantile function, generating functions and Renyi entropy have been given. The parameters of the newly developed distribution have been estimated using the technique of maximum likelihood estimation. Also, the generalized model has been compared with different models for illustration and best fit.
Abstract: We introduce and study a new four-parameter lifetime model named the exponentiated generalized extended exponential distribution. The proposed model has the advantage of including as special cases the exponential and exponentiated exponential distributions, among others, and its hazard function can take the classic shapes: bathtub, inverted bathtub, increasing, decreasing and constant, among others. We derive some mathematical properties of the new model such as a representation for the density function as a double mixture of Erlang densities, explicit expressions for the quantile function, ordinary and incomplete moments, mean deviations, Bonferroni and Lorenz curves, generating function, R´enyi entropy, density of order statistics and reliability. We use the maximum likelihood method to estimate the model parameters. Two applications to real data illustrate the flexibility of the proposed model.
We propose a lifetime distribution with flexible hazard rate called cubic rank transmuted modified Burr III (CRTMBIII) distribution. We develop the proposed distribution on the basis of the cubic ranking transmutation map. The density function of CRTMBIII is symmetrical, right-skewed, left-skewed, exponential, arc, J and bimodal shaped. The flexible hazard rate of the proposed model can accommodate almost all types of shapes such as unimodal, bimodal, arc, increasing, decreasing, decreasing-increasing-decreasing, inverted bathtub and modified bathtub. To show the importance of proposed model, we present mathematical properties such as moments, incomplete moments, inequality measures, residual life function and stress strength reliability measure. We characterize the CRTMBIII distribution via techniques. We address the maximum likelihood method for the model parameters. We evaluate the performance of the maximum likelihood estimates (MLEs) via simulation study. We establish empirically that the proposed model is suitable for strengths of glass fibers. We apply goodness of fit statistics and the graphical tools to examine the potentiality and utility of the CRTMBIII distribution.
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.