A new two-parametric weighted generalized inaccuracy measure

Abstract

Abstract In this article, we present a novel approach to measuring inaccuracy, introducing a two-parametric weighted generalized inaccuracy measure of order α and type β, along with its residual version. Our proposed measure depends on the proportional hazard rate model (PHRM) to uniquely determine the survival function, and we have derived a characterization result for this measure. Through our analysis under the PHRM framework, we have studied various properties of the proposed measure and their interrelationships.