COMPLEMENTARY COMPOUND LINDLEY POWER SERIES DISTRIBUTION WITH APPLICATION
Keywords:
Lindley Distribution, Power Series Distribution, Compounding and Order StatisticsAbstract
The present paper will attempt at exploring the methods through which a new class of complementary compound lifetime distributions will be introduced. It is pertinent to mention that this new family of continuous lifetime distributions obtained after rigorous examination, study and analysis, will be called Complementary Compound Lindley Power Series (CCLPS) distribution. There are special cases of several lifetime distributions in the proposed class of distributions that are very flexible to accommodate different types of data sets. Needless to mention, the probability density function and hazard rate can take up different forms such as increasing, decreasing and upside down bathtub shapes which are reflected through graphs.
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