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On the Burr XII-moment exponential distribution

Author

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  • Fiaz Ahmad Bhatti
  • G G Hamedani
  • Mustafa Ç Korkmaz
  • Wenhui Sheng
  • Azeem Ali

Abstract

In this study, a new flexible lifetime model called Burr XII moment exponential (BXII-ME) distribution is introduced. We derive some of its mathematical properties including the ordinary moments, conditional moments, reliability measures and characterizations. We employ different estimation methods such as the maximum likelihood, maximum product spacings, least squares, weighted least squares, Cramer-von Mises and Anderson-Darling methods for estimating the model parameters. We perform simulation studies on the basis of the graphical results to see the performance of the above estimators of the BXII-ME distribution. We verify the potentiality of the BXII-ME model via monthly actual taxes revenue and fatigue life applications.

Suggested Citation

  • Fiaz Ahmad Bhatti & G G Hamedani & Mustafa Ç Korkmaz & Wenhui Sheng & Azeem Ali, 2021. "On the Burr XII-moment exponential distribution," PLOS ONE, Public Library of Science, vol. 16(2), pages 1-21, February.
    • Handle: RePEc:plo:pone00:0246935
    DOI: 10.1371/journal.pone.0246935
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