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22-06-2022

The Beta Exponential Power Series Distribution

Authors: Nafiseh Khojastehbakht, Amirhossein Ghatari, Ehsan Bahrami Samani

Published in: Annals of Data Science | Issue 5/2023

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Abstract

The article introduces the Beta Exponential Power Series (BEPS) distribution, a new approach to modeling lifetime data that combines the Beta Exponential distribution with power series distributions. This distribution can handle various forms of failure rates, making it particularly useful in survival analysis and reliability studies. The BEPS distribution includes special cases like the Beta Exponential Poisson (BEP), Beta Exponential Geometric (BEG), Beta Exponential Logarithmic (BEL), and Beta Exponential Binomial (BEB) distributions. The authors provide mathematical treatments, including expressions for the density function and moments of order statistics, and demonstrate the application of BEPS through real data analysis. The study concludes with a comparison of BEPS with existing models, highlighting its superior fitting performance. Future research directions are suggested, including the extension of BEPS by alpha power distributions.

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Metadata
Title
The Beta Exponential Power Series Distribution
Authors
Nafiseh Khojastehbakht
Amirhossein Ghatari
Ehsan Bahrami Samani
Publication date
22-06-2022
Publisher
Springer Berlin Heidelberg
Published in
Annals of Data Science / Issue 5/2023
Print ISSN: 2198-5804
Electronic ISSN: 2198-5812
DOI
https://doi.org/10.1007/s40745-022-00414-8

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