The odd log-logistic Lindley-G family of distributions: properties, Bayesian and non-Bayesian estimation with applications
In this paper, a new class of distributions called the odd log-logistic Lindley-G family is proposed. Several of its statistical and reliability properties are studied in-detail. One members of the proposed family can have symmetrical, right-skewed, leftt-skewed and reversed-J shaped densities, and...
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| Published in | Computational statistics Vol. 35; no. 1; pp. 281 - 308 |
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| Main Authors | , , , |
| Format | Journal Article |
| Language | English |
| Published |
Berlin/Heidelberg
Springer Berlin Heidelberg
01.03.2020
Springer Nature B.V |
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| Abstract | In this paper, a new class of distributions called the odd log-logistic Lindley-G family is proposed. Several of its statistical and reliability properties are studied in-detail. One members of the proposed family can have symmetrical, right-skewed, leftt-skewed and reversed-J shaped densities, and decreasing, increasing, bathtub, unimodal and reversed-J shaped hazard rates. The model parameters are estimated using the maximum likelihood and Bayesian methods. Monte-Carlo simulation study is carried out to examine the bias and mean square error of maximum likelihood and Bayesian estimators. Finally, four real data sets are analyzed to show the flexibility of the new family. |
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| AbstractList | In this paper, a new class of distributions called the odd log-logistic Lindley-G family is proposed. Several of its statistical and reliability properties are studied in-detail. One members of the proposed family can have symmetrical, right-skewed, leftt-skewed and reversed-J shaped densities, and decreasing, increasing, bathtub, unimodal and reversed-J shaped hazard rates. The model parameters are estimated using the maximum likelihood and Bayesian methods. Monte-Carlo simulation study is carried out to examine the bias and mean square error of maximum likelihood and Bayesian estimators. Finally, four real data sets are analyzed to show the flexibility of the new family. |
| Author | Alizadeh, Morad Ali, Sajid Afify, Ahmed Z. Eliwa, M. S. |
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| Cites_doi | 10.1016/j.csda.2013.02.026 10.1080/03610926.2015.1078478 10.1016/j.cam.2018.08.008 10.1016/j.jkss.2011.06.002 10.1080/03610920902898514 10.1016/j.cam.2017.12.001 10.1080/02664763.2019.1638893 10.1080/03610918.2015.1118503 10.1590/0001-3765201920180040 10.1080/01621459.1996.10476725 10.1016/j.matcom.2010.11.005 10.12816/0006170 10.17713/ajs.v46i1.222 10.5539/ijsp.v7n4p57 10.1007/s40300-013-0007-y 10.1007/s40745-018-0173-0 10.1007/s13571-011-0025-9 10.2307/2347795 10.1080/00949650802552402 10.1002/qre.691 10.1080/03610918.2016.1206931 10.1016/j.matcom.2010.09.006 10.1007/s40745-018-01 10.1016/j.ress.2005.05.008 10.4236/am.2013.42056 10.1007/s00180-017-0780-9 10.1080/03610926.2015.1130839 10.6339/JDS.201604_14(2).0004 10.2298/FIL1909635E |
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| Copyright | Springer-Verlag GmbH Germany, part of Springer Nature 2019 Computational Statistics is a copyright of Springer, (2019). All Rights Reserved. |
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| Snippet | In this paper, a new class of distributions called the odd log-logistic Lindley-G family is proposed. Several of its statistical and reliability properties are... |
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| SubjectTerms | Bayesian analysis Computer simulation Economic Theory/Quantitative Economics/Mathematical Methods Estimating techniques Mathematics and Statistics Maximum likelihood estimates Maximum likelihood estimators Monte Carlo simulation Original Paper Parameter estimation Probability and Statistics in Computer Science Probability Theory and Stochastic Processes Statistics |
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| Title | The odd log-logistic Lindley-G family of distributions: properties, Bayesian and non-Bayesian estimation with applications |
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