The Topp-Leone Marshall-Olkin-G Family of Distributions With Applications
Fastel Chipepa,
Broderick Oluyede and
Boikanyo Makubate
International Journal of Statistics and Probability, 2020, vol. 9, issue 4, 15
Abstract:
A new generalized distribution is developed, namely, Topp-Leone Marshall-Olkin-G distribution. The new distribution is a linear combination of the exponentiated-G family of distributions. We considered three sub-families of the new proposed family of distribution. The distribution can handle heavy-tailed data and various forms of the hazard rate functions. A simulation study was conducted to evaluate consistency of the model parameters. Three applications are provided to demonstrate the usefulness of the new model in comparison with competing non-nested models.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ijspjl:v:9:y:2020:i:4:p:15
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