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Keywords = Slash Gompertz distribution

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20 pages, 1147 KiB  
Article
A More Flexible Reliability Model Based on the Gompertz Function and the Generalized Integro-Exponential Function
by Jimmy Reyes, Pedro L. Cortés, Mario A. Rojas and Jaime Arrué
Symmetry 2022, 14(6), 1207; https://doi.org/10.3390/sym14061207 - 10 Jun 2022
Cited by 2 | Viewed by 2432
Abstract
This work presents a new distribution that allows modeling data from a random variable with non-negative values. The new family is defined by a stochastic representation of a scaled mixture of a random variable with a Gompertz distribution (G) and a [...] Read more.
This work presents a new distribution that allows modeling data from a random variable with non-negative values. The new family is defined by a stochastic representation of a scaled mixture of a random variable with a Gompertz distribution (G) and a random variable with a uniform distribution on the interval (0,1). The result of this gives rise to a new random variable with a Slash Gompertz (SG) distribution that is more flexible than the Gompertz distribution, that is, it better models atypical data, presenting tails heavier than the Gompertz distribution. The density and some general properties of the resulting family are studied, including its moments and kurtosis coefficient. The inference of the parameters is carried out using the method of moments and maximum likelihood. Finally, illustrations of particular cases of this family are shown, adjusting in this case two sets of real data and estimating the parameters by maximum likelihood, where it is verified that this new family of distributions fits the reliability function better than the distributions of Gompertz (G), Slash Birnbaum Saunders (SBS), Slash Weibull (SW), and Gompertz-Verhults (GV). Full article
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