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The Transmuted Weibull-Pareto Distribution

• 2016
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Publication Information
Authors Ahmed Z. Afify, Haitham M. Yousofy , Nadeem Shafique Buttz , and G.G. Hamedani
Keywords Transmuted family, Weibull-Pareto Distribution, Bonferroni and Lorenz curves, Order Statistics, Likelihood Estimation.
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publication.type International
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Abstract
A new generalization of the Weibull-Pareto distribution called the
transmuted Weibull-Pareto distribution is proposed and studied. Various mathematical properties of this distribution including ordinary and
incomplete moments, quantile and generating functions, Bonferroni and
Lorenz curves and order statistics are derived. The method of maximum
likelihood is used for estimating the model parameters. The ‡exibility of
the new lifetime model is illustrated by means of an application to a real
data set.