Cubic Transmuted-G Family of Distributions and Its Properties
Aslam Muhammad (),
Hussain Zawar () and
Zahid Asghar
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Aslam Muhammad: Department of Statistics, Quaid-i-Azam University, Islamabad44000, Pakistan
Hussain Zawar: Department of Statistics, Quaid-i-Azam University, Islamabad44000, Pakistan
Stochastics and Quality Control, 2018, vol. 33, issue 2, 103-112
Abstract:
In this article, a new family of distributions is introduced by using transmutation maps. The proposed family of distributions is expected to be useful in modeling real data sets. The genesis of the proposed family, including several statistical and reliability properties, is presented. Methods of estimation like maximum likelihood, least squares, weighted least squares, and maximum product spacing are discussed. Maximum likelihood estimation under censoring schemes is also considered. Further, we explore some special models of the proposed family of distributions and examined different properties of these special models. We compare three particular models of the proposed family with several existing distributions using different information criteria. It is observed that the proposed particular models perform better than different competing models. Applications of the particular models of the proposed family of distributions are finally presented to establish the applicability in real life situations.
Keywords: Transmutation Method; Exponential Distribution; Reliability Function; Maximum Likelihood Estimation (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:ecqcon:v:33:y:2018:i:2:p:103-112:n:1
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DOI: 10.1515/eqc-2017-0027
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