Gompertz Ampadu Class of Distributions: Properties and Applications
Abukari Alhassan and
Alessandro De Gregorio
Journal of Probability and Statistics, 2022, vol. 2022, 1-7
Abstract:
This paper introduces a new generator family of distributions called the Gompertz Ampadu-G family. Based on the generator, the Lomax distribution was modified into Gompertz Ampadu Lomax. The new distribution has a flexible hazard rate function that has upside-down and bathtub shapes, including increasing and decreasing hazard rate functions. The distribution comes with some desirable statistical properties. The distribution is applied to real-life data. Parameter estimates and test statistics show a better fit for the competitive models.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnljps:1104330
DOI: 10.1155/2022/1104330
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