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A new exponential-type distribution with constant, decreasing, increasing, upside-down bathtub and bathtub-shaped failure rate function

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  • Lemonte, Artur J.

Abstract

A new three-parameter exponential-type family of distributions which can be used in modeling survival data, reliability problems and fatigue life studies is introduced. Its failure rate function can be constant, decreasing, increasing, upside-down bathtub or bathtub-shaped depending on its parameters. It includes as special sub-models the exponential distribution, the generalized exponential distribution [Gupta, R.D., Kundu, D., 1999. Generalized exponential distributions. Australian and New Zealand Journal of Statistics 41, 173–188] and the extended exponential distribution [Nadarajah, S., Haghighi, F., 2011. An extension of the exponential distribution. Statistics 45, 543–558]. A comprehensive account of the mathematical properties of the new family of distributions is provided. Maximum likelihood estimation of the unknown parameters of the new model for complete sample as well as for censored sample is discussed. Estimation of the stress–strength parameter is also considered. Two empirical applications of the new model to real data are presented for illustrative purposes.

Suggested Citation

  • Lemonte, Artur J., 2013. "A new exponential-type distribution with constant, decreasing, increasing, upside-down bathtub and bathtub-shaped failure rate function," Computational Statistics & Data Analysis, Elsevier, vol. 62(C), pages 149-170.
    • Handle: RePEc:eee:csdana:v:62:y:2013:i:c:p:149-170
    DOI: 10.1016/j.csda.2013.01.011
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