The new family of Ristić-Balakhrishnan Marshall Olkin-G distributions with properties and applications
by Peter O. Peter; Broderick Oluyede; Nkumbuludzi Ndwapi; Onkabetse Mabikwa; Huybrechts F. Bindele
International Journal of Mathematics in Operational Research (IJMOR), Vol. 22, No. 3, 2022

Abstract: In this paper, we develop and study in detail a new family of distributions called Ristić-Balakhrishnan Marshall Olkin-G (RBMO-G) distribution. We obtain some mathematical and statistical properties of this distribution such as hazard and reverse hazard functions, quantile function, moments and incomplete moments, moment generating functions, Rényi entropy and order statistics. The model parameters are obtained through method of maximum likelihood. We finally illustrate the usefulness of this family of distributions via simulation experiments. Furthermore, we apply a special case of this family of distributions to some real data to assess and compare its performance with other non-nested models.

Online publication date: Thu, 14-Jul-2022

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