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Truncated Akash distribution: properties and applications
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In this paper, Truncated Akash distribution has been proposed. Its mean and variance have been derived. Nature of cumulative distribution and hazard rate functions have been derived and presented graphically. Its moments including Coefficient of Variation, Skenwness, Kurtosis and Index of dispersion have been derived. Maximum likelihood method of estimation has been used to estimate the parameter of proposed model. It has been applied on three data sets and compares its superiority over one parameter exponential, Lindley, Akash, Ishita and truncated Lindley distribution.
Title: Truncated Akash distribution: properties and applications
Description:
In this paper, Truncated Akash distribution has been proposed.
Its mean and variance have been derived.
Nature of cumulative distribution and hazard rate functions have been derived and presented graphically.
Its moments including Coefficient of Variation, Skenwness, Kurtosis and Index of dispersion have been derived.
Maximum likelihood method of estimation has been used to estimate the parameter of proposed model.
It has been applied on three data sets and compares its superiority over one parameter exponential, Lindley, Akash, Ishita and truncated Lindley distribution.
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