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Research Article Open access CC BY 4.0

Properties and Applications of a Transmuted Power Gompertz Distribution

Innocent Boyle Eraikhuemen, Adana’a Felix Chama, Abraham Iorkaa Asongo, Bassa Shiwaye Yakura, Abdul Haruna Bala

Asian Journal of Probability and Statistics · pp. 41–58 · Published 31 Mar 2020

10.9734/ajpas/2020/v7i130172

Abstract

This article introduces and studies a new probability distribution called “Transmuted Power Gompertz distribution”. It looks at the properties of the transmuted power Gompertz distribution. The article also estimates the four parameters of the new model using the method of maximum likelihood estimation. The article further evaluates the goodness-of-fit of the proposed distribution compared to other distributions by means of applications of the model to two real life datasets and the result show that the proposed distribution is more flexible than the fitted existing distributions.

Transmuted power Gompertz distribution statistical properties estimation of parameters application and performance

Cited by 1

Laplace transformed properties of the extended power-Gompertz model: Simulation and applications

O.D. Adubisi, C.E. Adubisi, A. Abdulkadir · Scientific African · 2023

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