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The New Odd Lindley-G Power Series Class of Distributions: Theory, Properties and Applications

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We propose a new generalized class of distributions called the odd Lindley-G Power Series (OL-GPS) family of distributions and a special class, namely, odd Lindley-Weibull power series (OL-WPS) family of distributions. We also derive the structural properties of the OL-GPS family of distributions including moments, order statistics, Rényi entropy, mean and median deviations, Bonferroni and Lorenz curves, and maximum likelihood estimates. Sub-models of the special cases were also obtained together with their structural properties. A simulation study to examine the consistency of the maximum likelihood estimators for each parameter is presented. Finally, real data examples are presented to illustrate the applicability and usefulness of the proposed model
Statistics and Probability African Society (SPAS)
Title: The New Odd Lindley-G Power Series Class of Distributions: Theory, Properties and Applications
Description:
We propose a new generalized class of distributions called the odd Lindley-G Power Series (OL-GPS) family of distributions and a special class, namely, odd Lindley-Weibull power series (OL-WPS) family of distributions.
We also derive the structural properties of the OL-GPS family of distributions including moments, order statistics, Rényi entropy, mean and median deviations, Bonferroni and Lorenz curves, and maximum likelihood estimates.
Sub-models of the special cases were also obtained together with their structural properties.
A simulation study to examine the consistency of the maximum likelihood estimators for each parameter is presented.
Finally, real data examples are presented to illustrate the applicability and usefulness of the proposed model.

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