A new transmutation: conditional copula with exponential distribution

Authors : Hüseyin ÜNÖZKAN, Mehmet YILMAZ

Pages : 397-406

Doi:10.31801/cfsuasmas.1179189

View : 25 | Download : 48

Publication Date : 2023-06-23

Article Type : Research Paper

Abstract :In these days, many different techniques are implemented for generating distributions. The core aim in generating distribution, is better modeling capability. With generating new distribution more reliable and appropriate models are available for data sets. In this paper, a new distribution is gained by evaluating the conditional diagonal section of the bivariate Farlie-Gumbel-Morgenstern distribution with exponential marginals. Specifications and characteristics of this new distribution are studied. The statistical assessment and some reliability analyzes are carried out. The success of the new distribution on statistical modeling is detected by using data sets in literature. It is concluded that this new distribution suggests a model that can be used effectively in many different lifetime data sets.
Keywords : Farlie Gumbel Morgenstern distribution, copula, reliability analysis, generating distribution, exponential distribution