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Original Articles

A new extension of the Fréchet distribution: Properties and its characterization

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Pages 2267-2285 | Received 07 Jan 2017, Accepted 21 Feb 2018, Published online: 10 Nov 2018
 

Abstract

A new lifetime model, which extends the Fréchet distribution called the generalized transmuted Fréchet distribution is proposed and studied. Various of its structural properties including ordinary and incomplete moments, generating function, residual and reversed residual lifes, order statistics and probability weighted moments are derived. Two characterization theorems are presented. The maximum likelihood method is used to estimate the model parameters. The flexibility of the new distribution is illustrated using a real data set. It can serve as an alternative model to other lifetime models available in the literature for modeling positive real data in many areas.

MATHEMATICS SUBJECT CLASSIFICATIONS:

Acknowledgements

The authors appreciate the able assistance of a referee(s) which has greatly improved an earlier version of this paper.

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