The Weighted Power Lindley Distribution with Applications on the Life Time Data
Aafaq A. Rather, Gamze Özel
Abstract
In this paper, we have proposed a new version of power lindley distribution known as weighted power lindley distribution. The different structural properties of the newly model have been studied. The maximum likelihood estimators of the parameters and the Fishers information matrix have been discussed. It also provides more flexibility to analyze complex real data sets. An application of the model to a real data set is analyzed using the new distribution, which shows that the weighted power Lindley distribution can be used quite effectively in analyzing real lifetime data.
Topics & Concepts
MathematicsEstimatorData setDistribution (mathematics)Flexibility (engineering)Power (physics)Set (abstract data type)Maximum likelihoodStatisticsApplied mathematicsData miningMathematical optimizationComputer scienceMathematical analysisPhysicsProgramming languageQuantum mechanicsStatistical Distribution Estimation and ApplicationsReliability and Maintenance OptimizationProbabilistic and Robust Engineering Design