The Weighted Power Lindley Distribution with Applications on the Life Time Data
PAKISTAN JOURNAL OF STATISTICS AND OPERATION RESEARCH, vol.16, no.2, pp.225-237, 2020 (ESCI, Scopus)
- Publication Type: Article / Article
- Volume: 16 Issue: 2
- Publication Date: 2020
- Doi Number: 10.18187/pjsor.v16i2.2931
- Journal Name: PAKISTAN JOURNAL OF STATISTICS AND OPERATION RESEARCH
- Journal Indexes: Emerging Sources Citation Index (ESCI), Scopus, Academic Search Premier, zbMATH
- Page Numbers: pp.225-237
- Keywords: Weighted distribution, Power Lindley distribution, Reliability, Entropy, Order Statistics, Maximum likelihood estimator
- Open Archive Collection: AVESIS Open Access Collection
- Hacettepe University Affiliated: Yes
Abstract
In this paper, we propose a new version of the power Lindley distribution known as weighted power Lindley distribution. The different structural properties of the new model are studied such as moments, generating functions, likelihood ratio test, entropy measures and order statistics. The maximum likelihood estimators of the parameters and the Fisher's information matrix are discussed. It also provides more flexibility to analyse complex real data sets. Applications of the model to real data sets are provided using the new distribution, which shows that the weighted power Lindley distribution can be used quite effectively in analysing real life time data.