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Revista Colombiana de Estadística
Print version ISSN 0120-1751
Abstract
CHHETRI, SHER; MDZINISO, NONHLE and BALL, CORY. Cubic Rank Transmuted Lindley Distribution with Applications. Rev.Colomb.Estad. [online]. 2022, vol.45, n.1, pp.65-83. Epub Jan 17, 2023. ISSN 0120-1751. https://doi.org/10.15446/rce.v45n1.93548.
In this work, we propose a three-parameter generalized Lindley distribution using the cubic rank transmutation map approach by Granzotto et al. (2017). We derive expressions for several mathematical properties including moments and moment generating function, mean deviation, probability weighted moments, quantile function, reliability analysis, and order statistics. We conducted a simulation study to assess the performance of the maximum likelihood estimation procedure for estimating model parameters. The flexibility of the proposed model is illustrated by analyzing two real data sets.
Keywords : cubic rank transmutation map; Lindley distribution; reliability analysis; parameter estimation.