The Fréchet Topp Leone-G Family of Distributions: Properties, Characterizations and Applications
Hesham Reyad (),
Mustafa Ç. Korkmaz (),
Ahmed Z. Afify (),
G. G. Hamedani () and
Soha Othman ()
Additional contact information
Hesham Reyad: Qassim University
Mustafa Ç. Korkmaz: Artvin Çoruh University
Ahmed Z. Afify: Benha University
G. G. Hamedani: Marquette University
Soha Othman: Cairo University
Annals of Data Science, 2021, vol. 8, issue 2, No 9, 345-366
Abstract:
Abstract A new family of continuous distributions which ensure model flexiblity, is introduced based on the Fréchet distribution and Topp Leone-G family. Two special sub-models of the new family are discussed. We provide some distributional properties of this family in the general setting such as the series expansions of density, moments, generating function, stress strength model, Rényi and Shannon entropies, probability weighted moments and order statistics. Certain characterizations of the proposed family are presented. The maximum likelihood estimates and the observed information matrix are obtained for the model parameters. We assess the performance of the maximum likelihood estimators by means of a graphical simulation study. The potentiality of the new class is shown via two applications to real data sets.
Keywords: Maximum likelihood; Order statistics; Stress strength model; Topp Leone-G family; T-X family; Characterizations (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:aodasc:v:8:y:2021:i:2:d:10.1007_s40745-019-00212-9
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DOI: 10.1007/s40745-019-00212-9
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