Bounded Odd Inverse Pareto Exponential Distribution: Properties, Estimation, and Regression

In this paper, we introduce a new three-parameter distribution defined on the unit interval. The density function of the distribution exhibits different kinds of shapes such as decreasing, increasing, left skewed, right skewed, and approximately symmetric. The failure rate function shows increasing,...

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Main Authors: Suleman Nasiru, Abdul Ghaniyyu Abubakari, Irene Dekomwine Angbing
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:International Journal of Mathematics and Mathematical Sciences
Online Access:http://dx.doi.org/10.1155/2021/9955657
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author Suleman Nasiru
Abdul Ghaniyyu Abubakari
Irene Dekomwine Angbing
author_facet Suleman Nasiru
Abdul Ghaniyyu Abubakari
Irene Dekomwine Angbing
author_sort Suleman Nasiru
collection DOAJ
description In this paper, we introduce a new three-parameter distribution defined on the unit interval. The density function of the distribution exhibits different kinds of shapes such as decreasing, increasing, left skewed, right skewed, and approximately symmetric. The failure rate function shows increasing, bathtub, and modified upside-down bathtub shapes. Six different frequentist estimation procedures were proposed for estimating the parameters of the distribution and their performance assessed via Monte Carlo simulations. Applications of the distribution were illustrated by analyzing two datasets and its fit compared to that of other distributions defined on the unit interval. Finally, we developed a regression model for a response variable that follows the new distribution.
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id doaj-art-c4dff3ee3e0a401cbac6bea1d07f45bf
institution Kabale University
issn 0161-1712
1687-0425
language English
publishDate 2021-01-01
publisher Wiley
record_format Article
series International Journal of Mathematics and Mathematical Sciences
spelling doaj-art-c4dff3ee3e0a401cbac6bea1d07f45bf2025-02-03T05:58:26ZengWileyInternational Journal of Mathematics and Mathematical Sciences0161-17121687-04252021-01-01202110.1155/2021/99556579955657Bounded Odd Inverse Pareto Exponential Distribution: Properties, Estimation, and RegressionSuleman Nasiru0Abdul Ghaniyyu Abubakari1Irene Dekomwine Angbing2Department of Statistics, Faculty of Mathematical Sciences, C. K. Tedam University of Technology and Applied Sciences, Navrongo, GhanaDepartment of Statistics, Faculty of Mathematical Sciences, C. K. Tedam University of Technology and Applied Sciences, Navrongo, GhanaDepartment of Statistics, Faculty of Mathematical Sciences, C. K. Tedam University of Technology and Applied Sciences, Navrongo, GhanaIn this paper, we introduce a new three-parameter distribution defined on the unit interval. The density function of the distribution exhibits different kinds of shapes such as decreasing, increasing, left skewed, right skewed, and approximately symmetric. The failure rate function shows increasing, bathtub, and modified upside-down bathtub shapes. Six different frequentist estimation procedures were proposed for estimating the parameters of the distribution and their performance assessed via Monte Carlo simulations. Applications of the distribution were illustrated by analyzing two datasets and its fit compared to that of other distributions defined on the unit interval. Finally, we developed a regression model for a response variable that follows the new distribution.http://dx.doi.org/10.1155/2021/9955657
spellingShingle Suleman Nasiru
Abdul Ghaniyyu Abubakari
Irene Dekomwine Angbing
Bounded Odd Inverse Pareto Exponential Distribution: Properties, Estimation, and Regression
International Journal of Mathematics and Mathematical Sciences
title Bounded Odd Inverse Pareto Exponential Distribution: Properties, Estimation, and Regression
title_full Bounded Odd Inverse Pareto Exponential Distribution: Properties, Estimation, and Regression
title_fullStr Bounded Odd Inverse Pareto Exponential Distribution: Properties, Estimation, and Regression
title_full_unstemmed Bounded Odd Inverse Pareto Exponential Distribution: Properties, Estimation, and Regression
title_short Bounded Odd Inverse Pareto Exponential Distribution: Properties, Estimation, and Regression
title_sort bounded odd inverse pareto exponential distribution properties estimation and regression
url http://dx.doi.org/10.1155/2021/9955657
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AT irenedekomwineangbing boundedoddinverseparetoexponentialdistributionpropertiesestimationandregression