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Generalized inverse xgamma distribution: A non-monotone hazard rate model (1812.04933v1)
Published 3 Nov 2018 in stat.ME and stat.AP
Abstract: In this article, a generalized inverse xgamma distribution (GIXGD) has been introduced as the generalized version of the inverse xgamma distribution. The proposed model exhibits the pattern of non-monotone hazard rate and belongs to family of positively skewed models. The explicit expressions of some distributional properties, such as, moments, inverse moments, conditional moments, mean deviation, quantile function have been derived. The maximum likelihood estimation procedure has been used to estimate the unknown model parameters as well as survival characteristics of GIXGD. The practical applicability of the proposed model has been illustrated through a survival data of guinea pigs.