The Topp-Leone Marshall-Olkin-G Family of Distributions With Applications
- Fastel Chipepa
- Broderick Oluyede
- Boikanyo Makubate
Abstract
A new generalized distribution is developed, namely, Topp-Leone Marshall-Olkin-G distribution. The new distribution is a linear combination of the exponentiated-G family of distributions. We considered three sub-families of the new proposed family of distribution. The distribution can handle heavy-tailed data and various forms of the hazard rate functions. A simulation study was conducted to evaluate consistency of the model parameters. Three applications are provided to demonstrate the usefulness of the new model in comparison with competing non-nested models.
- Full Text: PDF
- DOI:10.5539/ijsp.v9n4p15
This work is licensed under a Creative Commons Attribution 4.0 License.
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