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A New Lifetime Distribution: Some of its Statistical Properties and Application |
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PP: 413-422 |
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doi:10.18576/jsap/070302
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Author(s) |
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Dinesh Kumar,
Umesh Singh,
Sanjay Kumar Singh,
Prashant Kumar Chaurasia,
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Abstract |
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In the present paper, a new lifetime distribution has been introduced by the use of Minimum Guarantee transformation as
suggested by Kumar et al. (2017). For the purpose, Lindley distribution is considered as a baseline distribution. Some of the statistical
properties of this distribution has been studied and classical estimators like maximum likelihood estimator (MLE), least square estimator
(LSE) and maximum product of spacing estimator (MPSE) has been obtained and their performance is carried out through simulation
study. Further, a real data has been taken to show its application in the real scenario. |
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