Transmuted Lindley-Geometric Distribution and its applications

By Faton Merovci, Ibrahim Elbatal. 2013

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A functional composition of the cumulative distribution function of one probability distribution with the inverse cumulative distribution function of another is called the transmutation map. In this article, we will use the quadratic rank transmutation map (QRTM) in order to generate a flexible family of probability distributions taking Lindley geometric distribution as the base value distribution by introducing a new parameter that would offer more distributional flexibility. It will be shown that the analytical results are applicable to model real world data.

Subfields: Finance, Statistics and Probability

View Paper: https://www.semanticscholar.org/paper/1c15e01c61d5f5ff68ea0a8d7c7c18d491a41ef2