Modelling to engineering data: using a new two-parameter lifetime model
Summary: A novel two-parameter continuous lifespan model is developed, based on a truncated Fréchet produced family of distributions known as the truncated Fréchet inverted Lindley distribution. It includes a thorough discussion of statistical features such as the quantile function, moments, order statistics, incomplete moments, and Lorenz and Bonferroni curves. The greatest likelihood approach for estimating population parameters is described. Finally, one real-world data set to application is utilized to demonstrate the new distribution's utility. The data represent the tensile strength, measured in GPa, of 69 carbon fibers tested under tension at gauge lengths of 20 mm.
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