English

On the discrete analog of gamma-Lomax distribution: properties and applications

Statistics Theory 2020-03-23 v2 Statistics Theory

Abstract

This article represents how certain types of blockades in any industrial (heavy industries) production, in particular, industrial strikes can be modeled with the proposed discrete probabilistic distribution as a baseline distribution. We considered the number of outbreaks of strikes in the coal mining industry, the vehicle manufacturing industry, and the transpose industry in the UK obtained from Consul (1989). We fitted those data sets with the proposed discrete gamma-Lomax distribution and compared the fit with the discrete generalized Pareto distribution (Consul, 1989). For this purpose, we explore the basic properties of the discrete gamma-Lomax distribution including but not limited to: cumulative distribution, survival, probability mass, quantile and hazard functions, genesis and rth-order moments; consider maximum likelihood estimation under the normal set up as well as under the censored data set scenario. It is observed that the newly proposed model can be useful to describe strikes arising from various types of industries.

Keywords

Cite

@article{arxiv.1802.08951,
  title  = {On the discrete analog of gamma-Lomax distribution: properties and applications},
  author = {Indranil Ghosh and Ayman Alzaatreh and G. G. Hamedani},
  journal= {arXiv preprint arXiv:1802.08951},
  year   = {2020}
}

Comments

This is the most recent version (except the p.m.f. plots) because the arxiv environment would not support in the latex format