LAUSR

ABSTRACT The inverted (or inverse) distributions are sometimes very useful to explore additional properties of the phenomenons which non-inverted distributions cannot. We introduce a new inverted model called the inverted Nadarajah–Haghighi distribution which exhibits decreasing and unimodal (right-skewed) density while the hazard rate shapes are decreasing and upside-down bathtub. Our main focus is the estimation (from both frequentist and Bayesian points of view) of the unknown parameters along with some mathematical properties of the new model. The Bayes estimators and the associated credible intervals are obtained using Markov Chain Monte Carlo techniques under squared error loss function. The gamma priors are adopted for both scale and shape parameters. The potentiality of the distribution is analysed by means of two real data sets. In fact, it is found to be superior in its ability to sufficiently model the data as compared to the inverted Weibull, inverted Rayleigh, inverted exponential, inverted gamma, inverted Lindley and inverted power Lindley models.