The Gamma Odd Burr III-G Family of Distributions: Model, Properties and Applications

A new family of distributions called Ristic-Balakhrishnan Odd Burr III-G (RBOB III-G) distribution is proposed. We obtain some mathematical and statistical properties this such as hazard reverse hazardfunctions, quantile function, moments generating functions, conditional moments, Rényi entropy, order statistics, stochastic ordering probability weighted moments. The model parameters are estimated using maximum likelihood estimation technique. Finally, the usefulness demonstrated via simulation experiments.