Abstract
A new three-parameter distribution with decreasing, increasing, and bathtub-shaped hazard rates obtained by compounding geometric, power series, and exponential distributions is introduced. It includes some well-known distributions as particular cases. Various mathematical properties of the new distribution as well as details of the maximum likelihood estimation and a sensitivity analysis for its parameters are presented. Finally, two real data applications are presented.
Original language | English |
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Pages (from-to) | 1-21 |
Number of pages | 21 |
Journal | Communications in Statistics - Theory and Methods |
Early online date | 5 Jul 2017 |
DOIs | |
Publication status | Published - 2017 |
Keywords
- Estimation
- Exponential distribution
- Geometric distribution
- Power series distribution.