Mathematics And Statistics - Research Publications
Permanent URI for this collectionhttps://kr.cup.edu.in/handle/32116/47
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Item A Novel Bivariate Generalized Weibull Distribution with Properties and Applications(Taylor and Francis Ltd., 2023-09-09T00:00:00) Pathak, Ashok Kumar; Arshad, Mohd; J. Azhad, Qazi; Khetan, Mukti; Pandey, ArvindUnivariate Weibull distribution is a well known lifetime distribution and has been widely used in reliability and survival analysis. In this paper, we introduce a new family of bivariate generalized Weibull (BGW) distributions, whose univariate marginals are exponentiated Weibull distribution. Different statistical quantiles like marginals, conditional distribution, conditional expectation, product moments, correlation and a measure component reliability are derived. Various measures of dependence and statistical properties along with aging properties are examined. Further, the copula associated with BGW distribution and its various important properties are also considered. The methods of maximum likelihood and Bayesian estimation are employed to estimate unknown parameters of the model. A Monte Carlo simulation and real data study are carried out to demonstrate the performance of the estimators and results have proven the effectiveness of the distribution in real-life situations. � 2023 Taylor & Francis Group, LLC.