The Extended Log-Logistic Distribution: Properties and Application



Document title: The Extended Log-Logistic Distribution: Properties and Application
Journal: Anais da Academia Brasileira de Ciencias
Database: PERIÓDICA
System number: 000418003
ISSN: 0001-3765
Authors: 1
1
Institutions: 1Universidade Federal de Pernambuco, Departamento de Estatistica, Recife, Pernambuco. Brasil
Year:
Season: Mar
Volumen: 89
Number: 1
Pages: 3-18
Country: Brasil
Language: Inglés
Document type: Artículo
Approach: Experimental, aplicado
English abstract We propose a new four-parameter lifetime model, called the extended log-logistic distribution, to generalize the two-parameter log-logistic model. The new model is quite flexible to analyze positive data. We provide some mathematical properties including explicit expressions for the ordinary and incomplete moments, probability weighted moments, mean deviations, quantile function and entropy measure. The estimation of the model parameters is performed by maximum likelihood using the BFGS algorithm. The flexibility of the new model is illustrated by means of an application to a real data set. We hope that the new distribution will serve as an alternative model to other useful distributions for modeling positive real data in many areas
Disciplines: Matemáticas
Keyword: Matemáticas aplicadas,
Distribución logística,
Función generatriz,
Estimación de probabilidad máxima
Keyword: Applied mathematics,
Logistic distribution,
Generating function,
Maximum likelihood estimation
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