Affiliation:
1. Department of Mathematics, College of Science, University of Bisha, Bisha, Saudi Arabia
2. Department of Mathematics, Faculty of Science, Damanhour University, Damanhour, Egypt
Abstract
There is an increasing interest in expanding the one-parameter Lindley distribution to two-parameter, three-parameter, and five-parameter. The univariate one-parameter Lindley distribution is still one of the most applicable distributions in data analysis especially in lifetime data. Modeling dependent random quantities required bivariate parametric probability distributions. This study presents a new bivariate three-parameter probability distribution called bivariate modified Lindley distribution. The one-parameter modified Lindley distribution is used as a base line to construct the new model. Its statistical properties including cumulative function, density function, marginals, moments, conditional distributions, and copula are discussed. Simulation is constructed to declare theoretical properties, to show the flexibility of the new model and to investigate the goodness of fit. Two sets of real data, financial data and UEFA Champion’s League data, are used to show the applicability of the proposed model for different types of data.
Subject
Multidisciplinary,General Computer Science
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献