A new modified Weibull distribution

A new modified Weibull distribution

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Article ID: iaor2013477
Volume: 111
Issue: 1
Start Page Number: 164
End Page Number: 170
Publication Date: Mar 2013
Journal: Reliability Engineering and System Safety
Authors: ,
Keywords: statistics: distributions
Abstract:

We introduce a new lifetime distribution by considering a serial system with one component following a Weibull distribution and another following a modified Weibull distribution. We study its mathematical properties including moments and order statistics. The estimation of parameters by maximum likelihood is discussed. We demonstrate that the proposed distribution fits two well‐known data sets better than other modified Weibull distributions including the latest beta modified Weibull distribution. The model can be simplified by fixing one of the parameters and it still provides a better fit than existing models.

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