In this paper, a new one-parameter distribution named Chris-Jerry is suggested from two component mixture of Exponential (\(\theta\)) distribution and Gamma(3; \(\theta\)) distribution with mixing proportion \(p=\frac{\theta}{\theta + 2}\) having a flexibility advantage in modeling lifetime data. The statistical properties are discussed and the maximum likelihood estimation procedure is used to obtain the parameter estimate. The Convolution of the product of Pareto random variable with the proposed Chris-Jerry distributed random variable is explored with its marginal density derived. To illustrate the usefulness, three sets of lifetime data are employed and LL, AIC, BIC and K-S statistics are obtained for Exponential, Ishita, Akash, Rama, Pranav, Rani, Lindley, Sujatha, Aradhana, Shanker and XGamma and the Chris-Jerry distributions.
In this article, we study the mathematical characteristics of the inverse power Pranav distribution. The proposed distribution has three special cases namely Pranav, inverse Pranav and inverse power Pranav distributions. In addition with the basic properties of the distribution, the maximum likelihood method was employed in computing the parameters of the distribution. The 95% confidence interval was estimated for each of the parameters and finally, the distribution was applied to 128 bladder cancer patients to illustrate its applicability, and compared to Pranav distribution, inverse power Lindley distribution and inverse Ishita distribution. However, the inverse power Pranav distribution proved superiority over the competing models.
In this study, we examine factor analysis as a multivariate statistical tool, starting from the origin of factor analysis with regards to Spearman's approach of 1904 to the three phases of factor analysis. This is done with a view of determining the similarities and individual contributions of each of the three phases of factor analysis. This was achieved by examining the algorithms used in parameter estimations of the three phases of factor analysis. By inputting data into the algorithms and examining their outcomes and proffering recommendations based on the respective findings.
This paper introduces an inverse power Akash distribution as a generalization of the Akash distribution to provide better fits than the Akash distribution and some of its known extensions. The fundamental properties of the proposed distribution such as the shapes of the distribution, moments, mean, variance, coefficient of variation, skewness, kurtosis, moment generating function, quantile function, Rényi entropy, stochastic ordering and the distribution of order statistics have been derived. The proposed distribution is observed to be a heavy-tailed distribution and can also be used to model data with upside-down bathtub shape for its hazard rate function. The maximum likelihood estimators of the unknown parameters of the proposed distribution have been obtained. Two numerical examples are given to demonstrate the applicability of the proposed distribution and for the two real data sets, the proposed distribution is found to be superior in its ability to sufficiently model heavy-tailed data than Akash, inverse Akash and power Akash distributions respectively.
In this paper, we derived a sub-model of Zubair-G familiy of distribution named Zubair-Exponential distribution with two parameters. Simulation of the Estimates of the parameters based on some classical methods are obtained. The likelihood equations and the maximum likelihood estimator as well as asymptotic confidence interval are derived. Bayes estimates with the estimates of the associated greatest posterior density credible interval are derived using squared error Loss (SEL), Linear-Exponential (LINEX) and Generalized Entropy Loss (GEL) functions. Using the Metropolis-Hasting algorithm and the method of Markov Chain Monte Carlo (MCMC), estimates of Bayes are summarized. To determine the performance of the estimates, a Monte Carlo simulation study is carried out and maximum likelihood estimates, their standard errors and measures of fitness using real data on survival times of Guinea pigs are obtained. The proposed distribution has a better fit based on Akaike Information criterion (AIC) and the Bayesian Information criterion (BIC).
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