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Kumaraswamy Half-Logistic Distribution: Properties and Applications |
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PP: 597-609 |
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doi:10.18576/jsap/060315
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Author(s) |
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Rana Muhammad Usman,
Muhammad Ahsan ul Haq,
Junaid Talib,
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Abstract |
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| This study elucidates a three-parameter probabilistic model generalized from Kumaraswamy family using half logistic distribution as a baseline model named as Kumaraswamy half logistic distribution. The properties of the observed model are also explored. Further, we explain the behavior of failure rate, cumulative failure rate, and survival rate functions. Monte Carlo simulation study is being conducted to estimate the parameters under ML estimation method. Moreover, two practical applications illustrate the flexibility and better fit of the observed model. |
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