The Lindley Gompertz Model for Estimating the Survival Rates: Properties and Applications in Insurance

被引：0
|
作者：
Mohamed H.S. [1 ]
Ali M.M. [2 ]
Yousof H.M. [3 ]
机构：
[1] Department of Statistics and Quantitative Methods, Faculty of Business Administration, Horus University, Damietta
[2] Department of Mathematical Sciences, Ball State University, Muncie, IN
[3] Department of Statistics, Mathematics and Insurance, Benha University, Benha
来源：
Annals of Data Science | 2023年 / 10卷 / 05期
关键词：
Gompertz distribution; Gompertz function; Maximum likelihood method; Mean square of the differences; Survival analysis; Survival rates;
D O I：
10.1007/s40745-022-00450-4
中图分类号：
学科分类号：
摘要：
This paper introduces a new extension of the Gompertz function for estimating the survival rates. The actual survival rates from USA life tables 2015 is considered for assessment process under the ordinary least squares method. A real data application is presented under the maximum likelihood method. The new Gompertz function is compared with many other competitive ones such as the Gompertz, the exponentiated Gompertz, the Rayleigh Gompertz, Weibull Gompertz, the Burr type X Gompertz and Rayleigh generalized Gompertz models. © 2022, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
引用
收藏
页码：1199 / 1216
页数：17
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