A novel family of lifetime distribution with applications to real and simulated data
Muhammad Ijaz,
Wali Khan Mashwani and
Samir Brahim Belhaouari
PLOS ONE, 2020, vol. 15, issue 10, 1-15
Abstract:
The paper investigates a new scheme for generating lifetime probability distributions. The scheme is called Exponential- H family of distribution. The paper presents an application of this family by using the Weibull distribution, the new distribution is then called New Flexible Exponential distribution or in short NFE. Various statistical properties are derived, such as quantile function, order statistics, moments, etc. Two real-life data sets and a simulation study have been performed so that to assure the flexibility of the proposed model. It has been declared that the proposed distribution offers nice results than Exponential, Weibull Exponential, and Exponentiated Exponential distribution.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0238746
DOI: 10.1371/journal.pone.0238746
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