Anafo, Abdulzeid Yen and Brew, Lewis and Nasiru, Suleman (2021) The Equilibrium Renewal Burr XII Distribution: Properties and Applications. Asian Journal of Probability and Statistics, 15 (2). pp. 18-40. ISSN 2582-0230
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Abstract
In this paper, we propose a three-parameter probability distribution called equilibrium renewal Burr XII distribution using the equilibrium renewal process. The statistical properties of the distribution such as moment, mean deviation, order statistics, moment generating function, Beforroni and Lorenz curve, survival function, reversed hazard rate and hazard function were derived. The method of maximum likelihood is used for estimating the distribution's parameters and a simulation study is conducted to assess the performance of the parameters. We provide two applications in eld of health to demonstrate the importance of the proposed distribution.
Item Type: | Article |
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Subjects: | STM Open Library > Mathematical Science |
Depositing User: | Unnamed user with email support@stmopenlibrary.com |
Date Deposited: | 22 Feb 2023 07:41 |
Last Modified: | 30 Jul 2024 06:13 |
URI: | http://ebooks.netkumar1.in/id/eprint/248 |