Volume no :67, Issue no: 1, July (2021)


Author's: Christophe Chesneau
Pages: [1] - [59]
Received Date: July 13, 2021; Revised August 3, 2021
Submitted by:
DOI: http://dx.doi.org/10.18642/jmsaa_7100122214


Engineers, economists, hydrologists, social scientists, and behavioural scientists often deal with data belonging to the unit interval. One of the most common approaches for modeling purposes is the use of unit distributions, beginning with the classical power distribution. A simple way to improve its applicability is proposed by the transmuted scheme. We propose an alternative in this article by slightly modifying this scheme with a logarithmic weighted function, thus creating the log-weighted power distribution. It can also be thought of as a variant of the log-Lindley distribution, and some other derived unit distributions. We investigate its statistical and functional capabilities, and discuss how it distinguishes between power and transmuted power distributions. Among the functions derived from the log-weighted distribution are the cumulative distribution, probability density, hazard rate, and quantile functions. When appropriate, a shape analysis of them is performed to increase the exibility of the proposed modelling. Various properties are investigated, including stochastic ordering (first order), generalized logarithmic moments, incomplete moments, Rényi entropy, order statistics, reliability measures, and a list of new distributions derived from the main one are offered. Subsequently, the estimation of the model parameters is discussed through the maximum likelihood procedure. Then, the proposed distribution is tested on a few data sets to show in what concrete statistical scenarios it may outperform the transmuted power distribution.


power distribution, transmuted power distribution, moments, order statistics, data analysis.