Modified beta modified-Weibull distribution
- 127 Downloads
We introduce a flexible modified beta modified-Weibull model, which can accommodate both monotonic and non-monotonic hazard rates such as a useful long bathtub shaped hazard rate in the middle. Several distributions can be obtained as special cases of the new model. We demonstrate that the new density function is a linear combination of modified-Weibull densities. We obtain the ordinary and central moments, generating function, conditional moments and mean deviations, residual life functions, reliability measures and mean and variance (reversed) residual life. The method of maximum likelihood and a Bayesian procedure are used for estimating the model parameters. We compare the fits of the new distribution and other competitive models to two real data sets. We prove empirically that the new distribution gives the best fit among these distributions based on several goodness-of-fit statistics.
KeywordsBayesian analysis Modified beta distribution Moments Simulation study
The research of Abdus Saboor has been supported in part by the Higher Education Commission of Pakistan (Grant No. 3104).
- Cheng J, Tellambura C, Beaulieu NC (2003) Performance analysis of digital modulations on Weibull fading channels. In: 2003 IEEE 58th vehicular technology conference, VTC 2003-fall, vol 1. 2003 October 6–9, pp 236–240Google Scholar
- Meijer CS (1946) On the \(G\)-function I–VIII. Proc Kon Ned Akad Wet, 49:227–237, 344–356, 457–469, 632–641, 765–772, 936–943, 1063–1072, 1165–1175Google Scholar