Global Journal of Pure and Applied Mathematics.
ISSN 0973-1768 Volume 16, Number 6 (2020), pp. 871-889
© Research India Publications
https://dx.doi.org/10.37622/GJPAM/16.6.2020.871-889
A Study on Properties and Goodness-of-Fit of the
Logistic Inverse Weibull Distribution
Arun Kumar Chaudhary
1
, Vijay Kumar
2
1
Department of Management Science(Statistics), Nepal Commerce Campus,
Tribhuwan University, Kathmandu, Nepal.
2
Department of Mathematics and Statistics, DDU Gorakhpur University,
Gorakhpur-273009, India.
Abstract
In this paper, we purpose a three-parameter univariate continuous distribution
called Logistic Inverse Weibull Distribution. We have presented some
statistical properties of the purposed distribution including the cumulative
distribution function, probability density function, hazard rate function,
survival function, quantile function, etc. The three well-known estimation
methods namely least-square estimation (LSE), maximum likelihood
estimation (MLE), and Cramer-Von-Mises estimation (CVME) methods are
used for the model parameter estimation. The overall goodness of fit of the
proposed distribution is assessed by comparison with some other existing
distributions using a real data set.
Keywords: Logistic distribution, Inverse Weibull distribution, survival
function, LSE, CVME, MLE
1. INTRODUCTION
The Weibull distribution has been extensively used in survival and reliability analysis.
For a detailed study, the learners can go through Lai et al. (2003) and Nadarajah
(2009). Even though its widespread use, it has some drawbacks that shape of its
hazard rate function (HRF) are restricted that can only be monotonically constant or
decreasing or increasing. Usually, real-world problems require a broader range of
possibilities in the moderate risk, for instance, in the case of biological mortality and