On Some Properties of a New Truncated Model With Applications to Lifetime Data

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DOI: https://doi.org/10.28924/2291-8639-20-2022-23
Published: Apr 8, 2022
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Muhammad Zeshan Arshad, Oluwafemi Samson Balogun, Muhammad Zafar Iqbal, Pelumi E. Oguntunde, On Some Properties of a New Truncated Model With Applications to Lifetime Data, Int. J. Anal. Appl., 20 (2022), 23.

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Muhammad Zeshan Arshad, Oluwafemi Samson Balogun, Muhammad Zafar Iqbal, Pelumi E. Oguntunde

Abstract

This research explored the exponentiated left truncated power distribution which is a bounded model. Various statistical properties which include the moments and their associated measures, Bonferroni and Lorenz curves, reliability measures, shapes, quantile function, entropy, and order statistics were discussed in detail. A simulation study was provided and applications to two real-world data were considered. The performance of the exponentiated left truncated power distribution over other bounded models like Topp-Leone distribution, Beta distribution, Kumaraswamy distribution, Lehmann type–I distribution, Lehmann type–II distribution, generalized power function, Weibull power function, and Mustapha type–II distribution is quite commendable.

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