Paper Type |
Contributed Paper |
Title |
The Exponential T-X Gompertz Model for Modeling Real Lifetime Data: Properties and Estimation |
Author |
Mohammd Amine Meraou, Fatimah Alshahrani, Ibrahim M. Almanjahie and Mohammed Kadi Attouch |
Email |
amine.meraou@univ-sba.dz |
Abstract: In the real world, many applications require enhanced variants of well-known distributions. The new distributions are generally more adaptable for simulating real-world data with high skewness and kurtosis. Choosing the best statistical distribution for modeling data is very important and demanding. In this paper, we provide a new flexible model for modeling lifetime data that is achieved by adding a component to baseline distributions. The new model has three parameters, known as the exponential T-X Gompertz distribution. Its probability density function could be skewed and unimodal. Reliability, hazard rate, quantile, and the moment generating function are just a few of the distributional properties that can be inferred from the suggested model. To estimate the unknown parameters, maximum likelihood estimation is utilized. In addition, Monte Carlo simulation experiments are performed to evaluate the performance of the maximum likelihood estimators. Finally, two real-world data sets are shown to evaluate the proposed model’s potential with that of various existing models. |
|
Article ID |
e2023048 |
Received Date |
2023-03-14 |
Revised Date |
2023-05-25 |
Accepted Date |
2023-07-18 |
Full Text |
Download |
Keyword |
gompertz distribution, hazard rate, maximum likelihood estimation, moment generating function, monte carlo simulation |
Volume |
Vol.50 No.5 (September 2023) |
DOI |
https://doi.org/10.12982/CMJS.2023.048 |
Citation |
Meraou M.A., Alshahrani F., Almanjahie I.M. and Attouch M.K., The Exponential T-X Gompertz Model for Modeling Real Lifetime Data: Properties and Estimation, Chiang Mai J. Sci., 2023; 50(5): e2023048. DOI 10.12982/CMJS.2023.048. |
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