Mohammed Gouda Khalil Hindawy
Lecturer
The Three-parameters Marshall-Olkin Generalized Weibull Model with Properties and Different Applications to Real Data Sets
Pakistan Journal of Statistics and Operation Research (PJSOR) • 2024
Publication Information
Authors
Not Available
Keywords
Marshall-Olkin Family, Weibull distribution, Order Statistics, Maximum Likelihood Estimation, Quantile function, Generating Function, Moments.
Journal
Pakistan Journal of Statistics and Operation Research (PJSOR)
Publisher
Not Available
Volume
16
Issue
4
Pages
675-688
publication.type
International
Paper Link
Not Available
Supplementary Materials
Not Available
Abstract
A new three-parameter life parametric model called the Marshall-Olkin generalized Weibull is defined and studied. Relevant properties are mathematically derived and analyzed. The new density exhibits various important symmetric and asymmetric shapes with different useful kurtosis. The new failure rate can be “constant”, “upside down-constant (reversed U-HRF-constant)”, “increasing then constant”, “monotonically increasing”, “J-HRF” and “monotonically decreasing”. The method of maximum likelihood is employed to estimate the unknown parameters. A graphical simulation is performed to assess the performance of the maximum likelihood estimation. We checked and proved empirically the importance, applicability and flexibility of the new Weibull model in modeling various symmetric and asymmetric types of data. The new distribution has a high ability to model different symmetric and asymmetric types of data.
