1. New Lifetime Distribution with Applications to Single Acceptance Sampling Plan and Scenarios of Increasing Hazard Rates.
- Author
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Chinedu, Eberechukwu Q., Chukwudum, Queensley C., Alsadat, Najwan, Obulezi, Okechukwu J., Almetwally, Ehab M., and Tolba, Ahlam H.
- Subjects
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ACCEPTANCE sampling , *MARKOV chain Monte Carlo , *HAZARD mitigation - Abstract
This article is an extension of the Chris-Jerry distribution (C-JD) in that a two-parameter Chris-Jerry distribution (TPCJD) is suggested and its characteristics are studied. Based on the determined domain of attraction and other major statistical properties, the proposed TPCJD seems to fit into the Gumbel domain. Additionally, it has been confirmed that the stress strength is reliable. The tail study suggests that the TPCJD's substantial tail makes it suited for a range of applications. The study took into account the single acceptance sampling approach using both simulation and real-life situations. The parameters of the TPCJD were estimated by some classical and Bayesian approaches. The mean squared errors (MSE), linear-exponential, and generalized entropy loss functions were deployed to obtain the Bayesian estimators aided by the Markov chain Monte Carlo (MCMC) simulation. An analysis of lifetime data on two events justified the use of the proposed distribution after comparing the results with some standard lifetime models. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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