IJSREG Trion Studio

No Publication Cost

Vol 10, No 2:

subscription

A New Decreasing Failure Rate Distribution and Its Real Life Application
Abstract
In statistical literature, a number of lifetime distributions having different hazard rate have been proposed, but for decreasing hazard rate situation few have been proposed and not paid more attention about one parameter decreasing hazard rate distributions. In this paper, we are proposing one parameter decreasing hazard rate distribution. We have studied its basic statistical properties and used method of moments and method of maximum likelihood for the parameter estimation purpose. At last, a real dataset has been used to show the application of the proposed model over the five other two parameter decreasing hazard rate distributions
Full Text
PDF
References

1. A.L. Bowley; Elements of Statistics, Volume 2, P. S. King & Son, Limited, (1920).
2. A.S Praveena and S. Ravi; On the Exponential Max-Domain of Attraction of the Standard Log-Fréchet Distribution and Subexponentiality. Sankhya A: The Indian Journal of Statistics, 85(2), 1607-1622 (2023).
3. A.W. Marshall and I. Olkin; A New Method for Adding a Parameter to a Family of Distributions with Application to the Exponential and Weibull Families. Biometrika, 84(3), 641–652 (1997).
4. C.E.  Shannon; Prediction and Entropy of Printed English. The Bell System Technical Journal, 30(1), 50–64 (1951).
5. C. Kus; A New Lifetime Distribution. Computational Statistics & Data Analysis, 51(9), 4497-4509 (2007).
6. G.M. Cordeiro; E.M.M. Ortega and C.C. Daniel; The Exponentiated Generalized Class of Distributions. Journal of Data Science, 11, 1–27 (2013).
7. G.S. Mudholkar; D.K. Srivastava and G.D. Kollia; Exponentiated Weibull Family for Analyzing Bathtub Failure-Rate Data. IEEE Transactions on Reliability, 42(2), 299–302 (1993).
8. J.J.A. Moors; A Quantile Alternative for Kurtosis. Journal of the Royal Statistical Society: Series D (The Statistician), 37(1), 25–32 (1988).
9. K. Adamidi and S. Loukas; A Lifetime Distribution with Decreasing Failure Rate. Statistics & Probability Letters, 39(1), 35–42 (1998).
10. M. Chahkandi and M. Ganjali; On Some Lifetime Distributions with Decreasing Failure Rate. Computational Statistics & Data Analysis, 53(12), 4433–4440 (2009).
11. M.E. Ghitany; B. Atieh and S. Nadarajah; Lindley Distribution and Its Application. Mathematics and Computers in Simulation, 78(4), 493-506 (2008).
12. M.V.  Aarset; How to Identify a Bathtub Hazard Rate. IEEE Transactions on Reliability, 36(1), 106–108 (1987).
13. O. Barndorff-Nielsen; Exponentially Decreasing Distributions for the Logarithm of Particle Size. Proceedings of the Royal Society of London, Series A, Mathematical and Physical, 353(1674), 401–419 (1977).
14. P. Kumaraswamy; Generalized Probability Density Function for Double Random Processes. Journal of Hydrology, 46(1-2), 79–88 (1980).
15. R Core Team; R: A Language and Environment for Statistical Computing, R Foundation for Statistical Computing, Vienna, Austria (2022). URL: http://www.R-project.org/
16. R.C. Gupta; P.L. Gupta and R.D. Gupta; Modeling Failure Time Data by Lehmann Alternatives. Communications in Statistics-Theory and Methods, 27(4), 887–904 (1998).
17. R.E. Glaser; Bathtub and Related Failure Rate Characterizations. Journal of the American Statistical Association, 75(371), 667–672 (1980).
18. R. Tahmasbi and S. Rezaei; A Two-Parameter Lifetime Distribution with Decreasing Failure Rate. Computational Statistics & Data Analysis, 52(8), 3889–3901 (2008).
19. S.K. Maurya; A. Kaushik; R.K. Singh; S.K. Singh and U. Singh; A New Method of Proposing Distribution and Its Application to Real Data. Imperial Journal of Interdisciplinary Research, 2(6), 1331–1338 (2016).
20. S.K. Maurya; A. Kaushik; S.K. Singh and U. Singh; A New Class of Distribution having Decreasing, Increasing, and Bathtub-Shaped Failure Rate. Communications in Statistics-Theory and Methods, 46(20), 10359–10372 (2017a).
21. S.K. Maurya; A. Kaushik; R.K. Singh; S.K. Singh and U. Singh; A New Class of Exponential Transformed Lindley Distribution and Its Application to Yarn Data. International Journal of Statistics & Economics, 18(2), 135–151 (2017b).
22. S.K. Maurya and S. Nadarajah; Poisson Generated Family of Distributions: A Review. Sankhya B: The Indian Journal of Statistics, 83(2), 484–540 (2021).
23. S. Nadarajah and F. Haghighi; An Extension of the Exponential Distribution. Statistics: A Journal of Theoretical and Applied Statistics, 45(6), 543-558 (2011).
24. S. Nadarajah; H.S. Bakouch and R. Tahmasbi; A Generalized Lindley Distribution. Sankhyā: The Indian Journal of Statistics, Series B, 73(2), 331–359 (2011).
25. S. Nasiru; A.G. Abubakari and C. Chesneau; New Lifetime Distribution for Modeling Data on the Unit Interval: Properties, Applications and Quantile Regression. Mathematical and Computational Applications, 27(6), p. 105 (2022).
26. T. Goyal; P.K. Rai and S. K. Maurya; Classical and Bayesian Studies for a New Lifetime Model in Presence of Type-II Censoring. Communications for Statistical Applications and Methods, 26(4), 385-410 (2019).
27. W. Barreto-Souza and H. Bakouch; A New Lifetime Model with Decreasing Failure Rate. Statistics, 47(2), 465–476 (2013).
28. W.T. Shaw and I.R. Buckley; The Alchemy of Probability Distribution: Beyond Gramcharlier Cornish-Fisher Expansions, and Skew-Normal and Kurtotic-Normal Distribution. Research Report (2007).

ISSN(P) 2350-0174

ISSN(O) 2456-2378

Journal Content
Browser