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The complementary exponential power lifetime model

Author

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  • Barriga, Gladys D.C.
  • Louzada-Neto, Franscisco
  • Cancho, Vicente G.

Abstract

In this paper we propose a new lifetime distribution which can handle bathtub-shaped, unimodal, increasing and decreasing hazard rate functions. The model has three parameters and generalizes the exponential power distribution proposed by Smith and Bain (1975) with the inclusion of an additional shape parameter. The maximum likelihood estimation procedure is discussed. A small-scale simulation study examines the performance of the likelihood ratio statistics under small and moderate sized samples. Three real datasets illustrate the methodology.

Suggested Citation

  • Barriga, Gladys D.C. & Louzada-Neto, Franscisco & Cancho, Vicente G., 2011. "The complementary exponential power lifetime model," Computational Statistics & Data Analysis, Elsevier, vol. 55(3), pages 1250-1259, March.
    • Handle: RePEc:eee:csdana:v:55:y:2011:i:3:p:1250-1259
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    References listed on IDEAS

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    1. Hazan, Alon & Landsman, Zinoviy & E Makov, Udi, 2003. "Robustness via a mixture of exponential power distributions," Computational Statistics & Data Analysis, Elsevier, vol. 42(1-2), pages 111-121, February.
    2. Carrasco, Jalmar M.F. & Ortega, Edwin M.M. & Cordeiro, Gauss M., 2008. "A generalized modified Weibull distribution for lifetime modeling," Computational Statistics & Data Analysis, Elsevier, vol. 53(2), pages 450-462, December.
    3. Chen, Zhenmin, 2000. "A new two-parameter lifetime distribution with bathtub shape or increasing failure rate function," Statistics & Probability Letters, Elsevier, vol. 49(2), pages 155-161, August.
    4. Delicado, P. & Goria, M.N., 2008. "A small sample comparison of maximum likelihood, moments and L-moments methods for the asymmetric exponential power distribution," Computational Statistics & Data Analysis, Elsevier, vol. 52(3), pages 1661-1673, January.
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    Cited by:

    1. Vicente G. Cancho & Dipak K. Dey & Francisco Louzada, 2016. "Unified multivariate survival model with a surviving fraction: an application to a Brazilian customer churn data," Journal of Applied Statistics, Taylor & Francis Journals, vol. 43(3), pages 572-584, March.

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