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The Gamma-Topp-Leone-Type II-Exponentiated Half Logistic-G Family of Distributions with Applications

Authors :
Broderick Oluyede
Thatayaone Moakofi
Source :
Stats, Vol 6, Iss 2, Pp 706-733 (2023)
Publication Year :
2023
Publisher :
MDPI AG, 2023.

Abstract

The new Ristić and Balakhrisnan or Gamma-Topp-Leone-Type II-Exponentiated Half Logistic-G (RB-TL-TII-EHL-G) family of distributions is introduced and investigated in this paper. This work derives and studies some of the main statistical characteristics of this new family of distributions. The maximum likelihood estimation technique is used to estimate the model parameters, and a simulation study is used to assess the consistency of the estimators. Applications to three real-life datasets from various fields show the value and adaptability of the new RB-TL-TII-EHL-G family of distributions. From our results, it is evident that the new proposed distribution is flexible enough to characterize datasets from different fields compared to several other existing distributions in the literature.

Details

Language :
English
ISSN :
2571905X
Volume :
6
Issue :
2
Database :
Directory of Open Access Journals
Journal :
Stats
Publication Type :
Academic Journal
Accession number :
edsdoj.2b39d56ae5e145a795c12e01c6a454f2
Document Type :
article
Full Text :
https://doi.org/10.3390/stats6020045