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Research Article Open Access

Dagum Power Series Class of Distribution with Applications to Lifetime Data

Abstract

We present a new class of distributions called the Dagum-Power Series (DPS) distribution. This model is obtained by compounding Dagum distribution with the power series distribution. Statistical properties of the DPS distribution are obtained. Methods of finding estimators including maximum likelihood estimation will be discussed. A simulation study is carried out for the special case of Dagum-Poisson distribution to assess the performance of the DPS distribution. Finally, we apply the special case of Dagum geometric and Dagum Poisson in the class of (DPS) distributions to real data sets to illustrate the usefulness and applicability of the distributions.

Boikanyo Makubate, Broderick Oluyede, and Galetlhakanelwe Motsewabagale

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