A general class of flexible Weibull distributions

Sangun Park and Jiwhan Park

Communications in Statistics - Theory and Methods, 2018, vol. 47, issue 4, 767-778

Abstract: We consider a linear combination of two logarithms of cumulative hazard functions and propose a general class of flexible Weibull distribution functions which includes some well-known modified Weibull distributions (MWDs). We suggest a very flexible Weibull distribution, which belongs to the class, and show that its hazard function is monotone, bathtub-shaped, modified bathtub-shaped, or even upside-down bathtub-shaped. We also discuss the methods of least square estimation and maximum likelihood estimation of the unknown parameters. We take two illustrated examples to compare the suggested distribution with some current MWDs, and show that the suggested distribution shows good performances.

Date: 2018
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Citations: View citations in EconPapers (2)

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DOI: 10.1080/03610926.2015.1118509

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