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A Note on the Minimax Distribution

Oguntunde, P.E. and Adejumo,, A. O. (2015) A Note on the Minimax Distribution. Covenant Journal of Physical and Life Sciences, 3 (1). pp. 1-8.

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Abstract

We introduce a one parameter probability model bounded on (0, 1) support called One Parameter Minimax distribution which is a special case of both the Kumaraswamy distribution and Beta distribution. Its statistical properties are systematically explored; we provide explicit expressions for its moments, quantile function, reliability function and failure rate. The method of maximum likelihood estimation was used in estimating its parameter. The proposed model can be used to model data sets with increasing failure rates

Item Type: Article
Uncontrolled Keywords: Beta distribution, Increasing failure rate, Kumaraswamy distribution, Minimax distribution
Subjects: Q Science > QA Mathematics
Divisions: Faculty of Engineering, Science and Mathematics > School of Mathematics
Depositing User: Mrs Hannah Akinwumi
Date Deposited: 18 Dec 2015 14:15
Last Modified: 18 Dec 2015 14:15
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/5742

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