Research Article
On Some One Parameter Lifetime Distributions and their Applications
Received Date: September 11, 2019; Published Date: September 18, 2019
Abstract
The analysis and modeling of lifetime data are crucial in almost all applied sciences including medicine, insurance, engineering, and finance, amongst others. In the present paper an attempt has been made to have a comparative study on statistical properties and applications of some wellknown one parameter lifetime distributions available in statistics literature to model lifetime data from biomedical science and engineering. This comparative study would be of great help to scientist working in biomedical science and engineering for modeling waiting time and survival time data in their respective fields of knowledg.
Keywords: Lifetime distributions; Index of dispersion; Statistical properties; Estimation of parameter; Applications
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