Research Article

A new Lifetime Distribution Based on the Transmuted First Two Lower Records

Volume: 43 Number: 3 September 30, 2022
EN

A new Lifetime Distribution Based on the Transmuted First Two Lower Records

Abstract

This article introduces a new lifetime distribution by merging the first two lower records based on exponential distribution and discusses the different features of the distribution. Statistical inferences about the distribution parameters are discussed with three estimation methods, namely maximum likelihood, least squares, and weighted least squares. Monte Carlo simulation study is performed to evaluate of these estimators based on mean square errors estimation, mean absolute deviation, and mean relative errors of estimation for a sample of different sizes. A distribution simulation analysis based on real data is provided to demonstrate the adaptability of the proposed model.

Keywords

References

  1. [1] Azzalini A., A class of distributions which includes the normal ones, Scandinavian Journal of Statistics, 12 (1985) 171-178.
  2. [2] Mudholkar G.S., Srivastava D.K., Exponentiated Weibull family for analyzing bathtub failure-rate data, IEEE Transactions on Reliability, 42 (1993) 299-302.
  3. [3] Marshall A.W., Olkin I., A new method for adding a parameter to a family of distributions with application to the exponential and Weibull families, Biometrika, 84 (1997) 641-652.
  4. [4] Eugene N., Lee C., Famoye F., Beta-normal distribution and its applications, Communications in Statistics-Theory and Methods, 31 (2002) 497-512.
  5. [5] Mahdavi A., Kundu D., A new method for generating distributions with an application to exponential distribution, Communications in Statistics-Theory and Methods, 46 (2017) 6543-6557.
  6. [6] Karakaya K., Kınacı I., Akdoğan Y., Kuş C., A new family of distributions, Hacettepe Journal of Mathematics and Statistics, 46 (2017) 303-314.
  7. [7] Shaw W.T., Buckley I.R., The alchemy of probability distributions: Beyond gram-charlier & cornish-fisher expansions, and skew-normal or kurtotic-normal distributions, (2007) Submitted, Feb, 7, 64.
  8. [8] Shaw W.T., Buckley I.R., The alchemy of probability distributions: beyond Gram-Charlier expansions, and a skew-kurtotic-normal distribution from a rank transmutation map, arXiv preprint arXiv:0901.0434. (2009).

Details

Primary Language

English

Subjects

Statistics

Journal Section

Research Article

Publication Date

September 30, 2022

Submission Date

March 28, 2022

Acceptance Date

June 16, 2022

Published in Issue

Year 2022 Volume: 43 Number: 3

APA
Erbayram, T., Yıldırım, Ü., & Akdoğan, Y. (2022). A new Lifetime Distribution Based on the Transmuted First Two Lower Records. Cumhuriyet Science Journal, 43(3), 534-542. https://doi.org/10.17776/csj.1094289

Cited By

As of 2026, Cumhuriyet Science Journal will be published in six issues per year, released in February, April, June, August, October, and December