A reliability model based on the incomplete generalized integro-exponential function
Resumen
This article introduces an extension of the Power Muth (PM) distribution for modeling
positive data sets with a high coefficient of kurtosis. The resulting distribution has greater kurtosis
than the PM distribution. We show that the density can be represented based on the incomplete
generalized integro-exponential function. We study some of its properties and moments, and its
coefficients of asymmetry and kurtosis. We apply estimations using the moments and maximum
likelihood methods and present a simulation study to illustrate parameter recovery. The results of
application to two real data sets indicate that the new model performs very well in the presence
of outliers.
Descripción
Palabras clave
generalized integro-exponential function, kurtosis, maximum likelihood, power muth distribution, slash distribution
