In addition, estimation of the unknown parameters, a simulated example and an application of the new model are illustrated.
📌 3 Key Takeaways
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Objective & Hypothesis:In this paper, a new three-parameter extension of the generalized geometric distribution of [6] is introduced.
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Key Findings & Data:The new discrete distribution belongs to the resilience parameter family and handles a decreasing, increasing, upside-down and bathtub-shaped hazard rate function.
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Conclusion & Impact:In addition, estimation of the unknown parameters, a simulated example and an application of the new model are illustrated.
🔬Design:Modeling & Simulation
📍Scope:Comprehensive Sample
⚙️Variables:Geometric distribution · Generalized geometric distribution · Generalized exponential geometric distribution
Abstract
In this paper, a new three-parameter extension of the generalized geometric distribution of [6] is introduced. The new discrete distribution belongs to the resilience parameter family and handles a decreasing, increasing, upside-down and bathtub-shaped hazard rate function. The new distributions can also be considered as discrete analogs of some recent continuous distributions belonging to the known Marshall-Olkin family. Here, some basic statistical and mathematical properties of the new distribution are studied. In addition, estimation of the unknown parameters, a simulated example and an application of the new model are illustrated.
Bidram, H., Roozegar, R., Nekoukhou, V. (2016). Exponentiated generalized geometric distribution: A new discrete distribution. Hacettepe Journal of Mathematics and Statistics, Volume: 45 Issue: 6. https://ajindex.com/articles/1403081