New Faisal Distribution with Properties and Applications

  • Qaisar Rashid
  • Hafiz Muhammad Yaseen
  • Muhammad Tariq Jamshaid
  • Muhammad Uzair

Abstract

The lifetime data analysis is often used in applied sciences especially in physics, engineering and life insurance sector. In this respect the number of distributions have been developed. This study introduced a Faisal distribution and further expressed its mathematical and statistical properties including moment generating function, rht moment, mean deviations, Bonnferoni and Lorenz curve, reliability measures (survival function, hazard function, cumulative hazard function and reversed hazard function), order statistics, Reyni entropy. It also discussed maximum likelihood method of estimation and real life data applications of proposed distribution.Key words: Quasi, Reliability, Reyni entropy, Order statistics
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