Abstract
In this article, a new family of distribution called the alpha power Marshall-Olkin-G (APMO-G) family of distributions was proposed. The new family of distribution provides a better fit for continuous distributions for lifetime processes. The proposed family of distributions extends the existing alpha power transformed family of distributions by an additional parameter. A comprehensive reliability structural properties were derived. The moments, order statistics, hazard rate, and quantile functions, were also examined. The parameters of the proposed APMO-G model were obtained by the maximum likelihood method. Monte Carlo simulation was used to access the performance of the estimators. The goodness-of-fit test statistics were examined by means of two real-life data sets to demonstrate empirical flexibility. The results show that the APMO-G density provides a better fit when compared with other existing models and can serve as a better alternative model in the literature.
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The study proposes a new class of the family of the alpha power and Marshall-Olkin distributions. The Statistical properties of the APMO-G distribution were established.
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Eghwerido, J.T., Oguntunde, P.E. & Agu, F.I. The Alpha Power Marshall-Olkin-G Distribution: Properties, and Applications. Sankhya A 85, 172–197 (2023). https://doi.org/10.1007/s13171-020-00235-y
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DOI: https://doi.org/10.1007/s13171-020-00235-y
Keywords
- Alpha power distribution
- Burr-XII distribution
- Bayesian inference
- Gompertz distribution
- Marshall-Olkin distribution
- Moment generating function.