Transmutation of baseline distributions has gained popularity in the last decade and many authors have studied the some transmuted distributions such as exponential, Weilbul, gamma, Pareto, normal and many more. This article will focus on the transmutation of type I generalized logistic distribution using quadratic rank transmutation map to develop a transmuted type I generalized logistic distribution. The quadratic rank transmutation map enables the introduction of extra parameter into its parent model to enhance more flexibility in the analysis of data in various disciplines such as biological sciences, actuarial science, finance and insurance. The graphs of the probability density function (pdf) and cumulative distribution function (cdf) of the model for different values of parameters are illustrated respectively. The mathematical properties such as moment generating function, quantile, median and characteristic function of this distribution are discussed. The probability density functions of the minimum and maximum order statistics of the transmuted type I generalized logistic distribution are established and the relationships between the probability density functions of the minimum and maximum order statistics of the parent model and the probability density function of the transmuted type I generalized logistic distribution are considered. The parameter estimation is done by the method of maximum likelihood estimation. The flexibility of the model in statistical data analysis and its applicability is demonstrated by using the model to fit relevant data. The study is concluded by demonstrating the performance of transmuted type I generalized logistic distribution over its parent model.
Published in | International Journal of Theoretical and Applied Mathematics (Volume 5, Issue 2) |
DOI | 10.11648/j.ijtam.20190502.12 |
Page(s) | 31-36 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
Copyright |
Copyright © The Author(s), 2019. Published by Science Publishing Group |
Logistic Distribution, Parameter Estimation, Order Statistics, Transmutation
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APA Style
Femi Samuel Adeyinka. (2019). On the Tractability of Transmuted Type I Generalized Logistic Distribution with Application. International Journal of Theoretical and Applied Mathematics, 5(2), 31-36. https://doi.org/10.11648/j.ijtam.20190502.12
ACS Style
Femi Samuel Adeyinka. On the Tractability of Transmuted Type I Generalized Logistic Distribution with Application. Int. J. Theor. Appl. Math. 2019, 5(2), 31-36. doi: 10.11648/j.ijtam.20190502.12
AMA Style
Femi Samuel Adeyinka. On the Tractability of Transmuted Type I Generalized Logistic Distribution with Application. Int J Theor Appl Math. 2019;5(2):31-36. doi: 10.11648/j.ijtam.20190502.12
@article{10.11648/j.ijtam.20190502.12, author = {Femi Samuel Adeyinka}, title = {On the Tractability of Transmuted Type I Generalized Logistic Distribution with Application}, journal = {International Journal of Theoretical and Applied Mathematics}, volume = {5}, number = {2}, pages = {31-36}, doi = {10.11648/j.ijtam.20190502.12}, url = {https://doi.org/10.11648/j.ijtam.20190502.12}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijtam.20190502.12}, abstract = {Transmutation of baseline distributions has gained popularity in the last decade and many authors have studied the some transmuted distributions such as exponential, Weilbul, gamma, Pareto, normal and many more. This article will focus on the transmutation of type I generalized logistic distribution using quadratic rank transmutation map to develop a transmuted type I generalized logistic distribution. The quadratic rank transmutation map enables the introduction of extra parameter into its parent model to enhance more flexibility in the analysis of data in various disciplines such as biological sciences, actuarial science, finance and insurance. The graphs of the probability density function (pdf) and cumulative distribution function (cdf) of the model for different values of parameters are illustrated respectively. The mathematical properties such as moment generating function, quantile, median and characteristic function of this distribution are discussed. The probability density functions of the minimum and maximum order statistics of the transmuted type I generalized logistic distribution are established and the relationships between the probability density functions of the minimum and maximum order statistics of the parent model and the probability density function of the transmuted type I generalized logistic distribution are considered. The parameter estimation is done by the method of maximum likelihood estimation. The flexibility of the model in statistical data analysis and its applicability is demonstrated by using the model to fit relevant data. The study is concluded by demonstrating the performance of transmuted type I generalized logistic distribution over its parent model.}, year = {2019} }
TY - JOUR T1 - On the Tractability of Transmuted Type I Generalized Logistic Distribution with Application AU - Femi Samuel Adeyinka Y1 - 2019/09/16 PY - 2019 N1 - https://doi.org/10.11648/j.ijtam.20190502.12 DO - 10.11648/j.ijtam.20190502.12 T2 - International Journal of Theoretical and Applied Mathematics JF - International Journal of Theoretical and Applied Mathematics JO - International Journal of Theoretical and Applied Mathematics SP - 31 EP - 36 PB - Science Publishing Group SN - 2575-5080 UR - https://doi.org/10.11648/j.ijtam.20190502.12 AB - Transmutation of baseline distributions has gained popularity in the last decade and many authors have studied the some transmuted distributions such as exponential, Weilbul, gamma, Pareto, normal and many more. This article will focus on the transmutation of type I generalized logistic distribution using quadratic rank transmutation map to develop a transmuted type I generalized logistic distribution. The quadratic rank transmutation map enables the introduction of extra parameter into its parent model to enhance more flexibility in the analysis of data in various disciplines such as biological sciences, actuarial science, finance and insurance. The graphs of the probability density function (pdf) and cumulative distribution function (cdf) of the model for different values of parameters are illustrated respectively. The mathematical properties such as moment generating function, quantile, median and characteristic function of this distribution are discussed. The probability density functions of the minimum and maximum order statistics of the transmuted type I generalized logistic distribution are established and the relationships between the probability density functions of the minimum and maximum order statistics of the parent model and the probability density function of the transmuted type I generalized logistic distribution are considered. The parameter estimation is done by the method of maximum likelihood estimation. The flexibility of the model in statistical data analysis and its applicability is demonstrated by using the model to fit relevant data. The study is concluded by demonstrating the performance of transmuted type I generalized logistic distribution over its parent model. VL - 5 IS - 2 ER -