A New Generalized Two Parameter Lindley Distribution
Volume 16, Issue 3 (2018), pp. 549–566
Pub. online: 4 August 2022
Type: Research Article
Open Access
Published
4 August 2022
4 August 2022
Abstract
Abstract:A new generalized two-parameter Lindley distribution which offers more flexibility in modeling lifetime data is proposed and some of its mathematical properties such as the density function, cumulative distribution function, survival function, hazard rate function, mean residual life function, moment generating function, quantile function, moments, Renyi entropy and stochastic ordering are obtained. The maximum likelihood estimation method was used in estimating the parameters of the proposed distribution and a simulation study was carried out to examine the performance and accuracy of the maximum likelihood estimators of the parameters. Finally, an application of the proposed distribution to a real lifetime data set is presented and its fit was compared with the fit attained by some existing lifetime distributions.