Marshall-Olkin Exponential Power Distribution and Applications

K. K. Jose, Albin Paul

Abstract


We introduce a new distribution namely Marshall-Olkin Exponential Power Distribution and its properties were studied. The problem of estimation of parameters was considered and validated with respect to a real data on failure times. The stress-strength reliability analysis was also carried out. Average mean square error, Average confidence length, Coverage probability etc. were computed using simulated data. Using the proposed model we developed autoregressive processes with minification structure.

Keywords: Marshall-Olkin family, stress-strength analysis, quantiles and order statistics, minification processes

Cite this Article Jose KK, Paul A. Marshall-Olkin Exponential Power Distribution and Applications. Research & Reviews: Journal of Statistics. 2017; 6(3): 22–33p. 


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DOI: https://doi.org/10.37591/rrjost.v6i3.76

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