The extended inverse Weibull distribution: properties and applications. (English) Zbl 1453.62333
Summary: This paper proposes the new three-parameter type I half-logistic inverse Weibull (TIHLIW) distribution which generalizes the inverse Weibull model. The density function of the TIHLIW can be expressed as a linear combination of the inverse Weibull densities. Some mathematical quantities of the proposed TIHLIW model are derived. Four estimation methods, namely, the maximum likelihood, least squares, weighted least squares, and Cramér-von Mises methods, are utilized to estimate the TIHLIW parameters. Simulation results are presented to assess the performance of the proposed estimation methods. The importance of the TIHLIW model is studied via a real data application.
MSC:
| 62E10 | Characterization and structure theory of statistical distributions |
| 62E15 | Exact distribution theory in statistics |
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