A New Three-parameter Xgamma Fréchet Distribution with Different Methods of Estimation and Applications

In this article an attempt is made to introduce a new extension of the Fréchet model called the Xgamma Fréchet model. Some of its properties are derived. The estimation of the parameters via different estimation methods are discussed. The performances of the proposed estimation methods are investiga...

Full description

Saved in:
Bibliographic Details
Published in:Pakistan journal of statistics and operation research 2021-03, p.291-308
Main Authors: Mohamed, Mohamed Ibrahim, Handique, Laba, Chakraborty, Subrata, Butt, Nadeem Shafique, M. Yousof, Haitham
Format: Article
Language:English
Citations: Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In this article an attempt is made to introduce a new extension of the Fréchet model called the Xgamma Fréchet model. Some of its properties are derived. The estimation of the parameters via different estimation methods are discussed. The performances of the proposed estimation methods are investigated through simulations as well as real life data sets. The potentiality of the proposed model is established through modelling of two real life data sets. The results have shown clear preference for the proposed model compared to several know competing ones.
ISSN:1816-2711
2220-5810
DOI:10.18187/pjsor.v17i1.2887