Abstract
In this study, we propose a new flexible two-parameter continuous distribution with support on the unit interval. It can be identified as a special member of the so-called type I half-logistic-G family of distributions, defined with the Topp–Leone distribution as baseline. Among its features, the corresponding probability density function can be left skewed, right-skewed, approximately symmetric, J-shaped, as well as reverse J-shaped, making it suitable for modeling a wide variety of data sets. It thus provides an alternative to the so-called beta and Kumaraswamy distributions. The mathematical properties of the new distribution are determined, deriving the asymptotes, shapes, quantile function, skewness, kurtosis, some power series expansions, ordinary moments, incomplete moments, moment-generating function, stress strength parameter, and order statistics. Then, a statistical treatment of the related model is proposed. The estimation of the unknown parameters is performed by a simulation study exploring seven methods, all described in detail. Two practical data sets are analyzed, showing the usefulness of the new proposed model.
Funder
Deanship of Scientific Research
Subject
General Mathematics,Engineering (miscellaneous),Computer Science (miscellaneous)