Open Journal of Modelling and Simulation

Volume 9, Issue 4 (October 2021)

ISSN Print: 2327-4018   ISSN Online: 2327-4026

Google-based Impact Factor: 0.35  Citations  

Generalized Power Akshaya Distribution and Its Applications

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DOI: 10.4236/ojmsi.2021.94021    188 Downloads   812 Views  Citations

ABSTRACT

In this paper, a new two-parameter distribution called generalized power Akshaya distribution extended from Akshaya distribution is introduced. This distribution is proposed to model lifetime data. Statistical properties like density, hazard, survival and moments are derived. Two parameters estimation is introduced using maximum likelihood and Bayesian techniques. Finally, an application of real data and a simulation study are introduced to illustrate the usefulness of the proposed distribution.

Share and Cite:

Ramadan, A. , Tolba, A. and El-Desouky, B. (2021) Generalized Power Akshaya Distribution and Its Applications. Open Journal of Modelling and Simulation, 9, 323-338. doi: 10.4236/ojmsi.2021.94021.

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