A new method for adding a parameter to a family of distributions with application to the exponential and Weibull families

AW Marshall, I Olkin - Biometrika, 1997 - academic.oup.com
AW Marshall, I Olkin
Biometrika, 1997academic.oup.com
A new way of introducing a parameter to expand a family of distributions is introduced and
applied to yield a new two-parameter extension of the exponential distribution which may
serve as a competitor to such commonly-used two-parameter families of life distributions as
the Weibull, gamma and lognormal distributions. In addition, the general method is applied
to yield a new three-parameter Weibull distribution. Families expanded using the method
introduced here have the property that the minimum of a geometric number of independent …
Abstract
A new way of introducing a parameter to expand a family of distributions is introduced and applied to yield a new two-parameter extension of the exponential distribution which may serve as a competitor to such commonly-used two-parameter families of life distributions as the Weibull, gamma and lognormal distributions. In addition, the general method is applied to yield a new three-parameter Weibull distribution. Families expanded using the method introduced here have the property that the minimum of a geometric number of independent random variables with common distribution in the family has a distribution again in the family. Bivariate versions are also considered.
Oxford University Press