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DIFFERENT ESTIMATION METHODS FOR TOPP-LEONE-(A) MODEL: INFERENCE AND APPLICATIONS TO COMPLETE AND CENSORED DATASETS.

Authors :
O. D., ADUBISI
C. E., ADUBISI
Source :
Reliability: Theory & Applications. Jun2023, Vol. 18 Issue 2, p100-117. 18p.
Publication Year :
2023

Abstract

This work proposes a new two-parameter model, titled Topp-Leone (A) model. The main benefit of the new model is that it has an inverted bathtub shaped curve, increasing and decreasing hazard rate function quite dependent on the shape parameter. Its structural properties including the ordinary moments, quantiles, probability weighted moment, median, entropy and order statistics are derived. More so, the survival, failure rate, reversed failure rate and cumulative failure rate functions are also derived. Six classical estimation methods are discussed for estimating the parameters of the new model. Monte Carlo experiments and real datasets analyses are conducted to examine the classical estimators performance of this model. Finally, the usefulness of the Topp-Leone (A) model demonstrated with different applications to complete and type-II right censored data proves its more flexible when compared to well-known models in statistical literature. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
19322321
Volume :
18
Issue :
2
Database :
Academic Search Index
Journal :
Reliability: Theory & Applications
Publication Type :
Academic Journal
Accession number :
164699234