A New Odd Beta Prime-Burr X Distribution with Applications to Petroleum Rock Sample Data and COVID-19 Mortality Rate

In this article, we pioneer a new Burr X distribution using the odd beta prime generalized (OBP-G) family of distributions called the OBP-Burr X (OBPBX) distribution. The density function of this model is symmetric, left-skewed, right-skewed, and reversed-J, while the hazard function is monotonicall...

Full description

Bibliographic Details
Main Authors: Ahmad Abubakar Suleiman, Hanita Daud, Narinderjit Singh Sawaran Singh, Aliyu Ismail Ishaq, Mahmod Othman
Format: Article
Language:English
Published: MDPI AG 2023-09-01
Series:Data
Subjects:
Online Access:https://www.mdpi.com/2306-5729/8/9/143
Description
Summary:In this article, we pioneer a new Burr X distribution using the odd beta prime generalized (OBP-G) family of distributions called the OBP-Burr X (OBPBX) distribution. The density function of this model is symmetric, left-skewed, right-skewed, and reversed-J, while the hazard function is monotonically increasing, decreasing, bathtub, and N-shaped, making it suitable for modeling skewed data and failure rates. Various statistical properties of the new model are obtained, such as moments, moment-generating function, entropies, quantile function, and limit behavior. The maximum-likelihood-estimation procedure is utilized to determine the parameters of the model. A Monte Carlo simulation study is implemented to ascertain the efficiency of maximum-likelihood estimators. The findings demonstrate the empirical application and flexibility of the OBPBX distribution, as showcased through its analysis of petroleum rock samples and COVID-19 mortality data, along with its superior performance compared to well-known extended versions of the Burr X distribution. We anticipate that the new distribution will attract a wider readership and provide a vital tool for modeling various phenomena in different domains.
ISSN:2306-5729