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arxiv: 1903.07028 · v1 · pith:EYSO74YBnew · submitted 2019-03-17 · 🧮 math.ST · stat.TH

Topp-Leone generated q-exponential distribution and its applications

classification 🧮 math.ST stat.TH
keywords distributiontopp-leonegeneratedmodeldistributionslifetimeparameterq-exponential
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Topp-Leone distribution is a continuous model distribution used for modelling lifetime phenomena. The main purpose of this paper is to introduce a new framework for generating lifetime distributions, called the Topp-Leone generated q-exponential family of distributions. Parameter estimation using maximum likelihood method and simulation results to assess effectiveness of the distribution are discussed. Different informative and non-informative priors are used to estimate the shape parameter of q extended Topp-Leone generated exponential distribution under normal approximation technique. We prove empirically the importance and flexibility of the new model in model building by using a real data set.

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