A Generalized Rayleigh Family of Distributions Based on the Modified Slash Model

Specifying a proper statistical model to represent asymmetric lifetime data with high kurtosis is an open problem. In this paper, the three-parameter, modified, slashed, generalized Rayleigh family of distributions is proposed. Its structural properties are studied: stochastic represen tation, proba...

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Detalles Bibliográficos
Autores: Barranco Chamorro, Inmaculada, Iriarte, Yuri A., Gómez, Yolanda M., Astorga, Juan M., Gómez, Héctor W.
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/134971
Acceso en línea:https://hdl.handle.net/11441/134971
https://doi.org/10.3390/sym13071226
Access Level:acceso abierto
Palabra clave:Generalized Rayleigh distribution
EM algorithm
Kurtosis
Maximum likelihood estimation
Slashed generalized Rayleigh distribution
Descripción
Sumario:Specifying a proper statistical model to represent asymmetric lifetime data with high kurtosis is an open problem. In this paper, the three-parameter, modified, slashed, generalized Rayleigh family of distributions is proposed. Its structural properties are studied: stochastic represen tation, probability density function, hazard rate function, moments and estimation of parameters via maximum likelihood methods. As merits of our proposal, we highlight as particular cases a plethora of lifetime models, such as Rayleigh, Maxwell, half-normal and chi-square, among others, which are able to accommodate heavy tails. A simulation study and applications to real data sets are included to illustrate the use of our results.