Article ID Journal Published Year Pages File Type
1702821 Applied Mathematical Modelling 2016 18 Pages PDF
Abstract

•A new two-parameter lifetime distribution with increasing-constant hazard rate is proposed.•The new distribution could be applied in the complementary risk problem.•The new distribution could be applied in the parallel system.•Predictions of future order statistics are obtained using different techniques.•The new distribution fits better real data than the Poisson-exponential distribution.

A new lifetime distribution with increasing-constant hazard rate is introduced. It arises by compounding the Poisson and half-logistic distributions and can be applied in complementary risk models and parallel systems. Properties of the new distribution are discussed. Based on progressive type-II censoring, maximum likelihood estimates of the involved parameters are obtained and their properties are studied via a simulation study. Prediction of future order statistics is investigated using one- and two-sample Bayesian prediction schemes. Prediction intervals are also constructed using the highest conditional density. The coverage probabilities of the prediction intervals are computed. Finally, two examples are presented, one of them is based on simulated data and the other one is based on real data, to illustrate the obtained results.

Related Topics
Physical Sciences and Engineering Engineering Computational Mechanics
Authors
,