The modified slash Lindley-Weibull distribution with applications to nutrition data
Jimmy Reyes1, Jaime Arrué1, Osvaldo Venegas2
1Departamento de Matemáticas, Facultad de Ciencias Básicas, Universidad de Antofagasta, Antofagasta, Chile.
Journal of Applied Statistics
|November 10, 2022
Summary
Researchers introduced a new statistical distribution by modifying the slash Lindley-Weibull distribution. This novel distribution, derived from the quotient of two random variables, shows promise for analyzing complex data, including nutrition datasets.
Area of Science:
- Statistics
- Probability Theory
- Mathematical Modeling
Background:
- The slash Lindley-Weibull distribution is a known statistical model.
- Modifications and extensions of existing distributions are crucial for improving statistical analysis capabilities.
Purpose of the Study:
- To introduce a new statistical distribution family as a modification of the slash Lindley-Weibull distribution.
- To analyze the properties and potential applications of this novel distribution.
Main Methods:
- The new distribution is constructed using the quotient of a two-parameter Lindley-Weibull distribution and a power of an exponential distribution.
- Probability density function (pdf) and cumulative distribution function (cdf) are derived.
- Statistical properties, including moments, asymmetry, and kurtosis coefficients, are studied.
- Parameter estimation is performed using the maximum likelihood method.
- A Monte Carlo simulation study assesses the estimation method's performance.
Main Results:
- The probability density function (pdf) and cumulative distribution function (cdf) of the new distribution are presented.
- Analysis of risk functions and key statistical properties (moments, asymmetry, kurtosis) are provided.
- The maximum likelihood estimation method is validated through simulation.
- The proposed model demonstrates utility in analyzing nutrition data, which often exhibits high kurtosis.
Conclusions:
- A new statistical distribution, extending the slash Lindley-Weibull distribution, has been successfully developed.
- The derived distribution and its properties are well-defined.
- The model shows practical applicability, particularly for datasets with high kurtosis, such as nutrition data.
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