In this work, we discuss constricting a mathematical formula based on a survival function. This formula has a basic parameter called a transmuted parameter. In addition, experimenting with this formula within Pareto distribution. The process of this production includes applying this formula to lifetime distributions. So the objective of this research is to formulate a distribution that is more flexible and accurate. A new model gives more accurate results on the application of data. The aim of the research study is to bring the transmuted survival Pareto distribution to closer to the Normal distribution. The probability density function, the probability cumulative function, and hazard function were extracted also, explaining the shapes of these functions for the model. Furthermore, derived the mathematical and statistical characteristics of the model. This model’s parameters are also estimated using a classical method (Maximum Likelihood estimation method).
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15 March 2024
4TH INTERNATIONAL CONFERENCE ON PURE SCIENCES: ICPS2023
17–18 May 2023
Baghdad, Iraq
Research Article|
March 15 2024
Transmuted survival of Pareto distribution with application
Marwa Abbas Madloom;
Marwa Abbas Madloom
a)
1)
University of Babylon, College of Education for Pure Science, Department of Mathematics
, Babylon, Iraq
.a)Corresponding author: [email protected]
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Kareema Abed AL-Kadim
Kareema Abed AL-Kadim
b)
1)
University of Babylon, College of Education for Pure Science, Department of Mathematics
, Babylon, Iraq
.
Search for other works by this author on:
a)Corresponding author: [email protected]
AIP Conf. Proc. 3036, 040019 (2024)
Citation
Marwa Abbas Madloom, Kareema Abed AL-Kadim; Transmuted survival of Pareto distribution with application. AIP Conf. Proc. 15 March 2024; 3036 (1): 040019. https://doi.org/10.1063/5.0196268
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