The generalized inverse Lindley distribution: A new inverse statistical model for the study of upside-down bathtub data

2016 ◽  
Vol 45 (19) ◽  
pp. 5709-5729 ◽  
Author(s):  
Vikas Kumar Sharma ◽  
Sanjay Kumar Singh ◽  
Umesh Singh ◽  
Faton Merovci
Author(s):  
Terna Godfrey Ieren ◽  
Peter Oluwaseun Koleoso ◽  
Adana’a Felix Chama ◽  
Innocent Boyle Eraikhuemen ◽  
Nasiru Yakubu

This article proposed a new extension of the Inverse Lindley distribution called “Lomax-Inverse Lindley distribution” which is more flexible compared to the Inverse Lindley distribution and other similar models. The paper derives and discusses some Statistical properties of the new distribution which include the limiting behavior, quantile function, reliability functions and distribution of order statistics. The parameters of the new model are estimated by method of maximum likelihood estimation. Conclusively, three lifetime datasets were used to evaluate the usefulness of the proposed model and the results indicate that the proposed extension is more flexible and performs better than the other distributions considered in this study.


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