A Study of Properties and Applications of Gamma Distribution

Eric U.; Oti Michael O. Olusola; Francis C. Eze

doi:10.52589/AJMSS-MR0DQ1DG

A Study of Properties and Applications of Gamma Distribution | AB Journals

A Study of Properties and Applications of Gamma Distribution

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African Journal of Mathematics and Statistics Studies

Vol. 4Issue 22021pp. 52–65Published 8 July 2021

DOI 10.52589/AJMSS-MR0DQ1DG

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Abstract:

The gamma distribution is one of the continuous distributions; the distributions are very versatile and give useful presentations of many physical situations. They are perhaps the most applied statistical distribution in the area of reliability. In this paper, we present the study of properties and applications of gamma distribution to real life situations such as fitting the gamma distribution into data, burn-out time of electrical devices and reliability theory. The study employs the moment generating function approach and the special case of gamma distribution to show that the gamma distribution is a legitimate continuous probability distribution showing its characteristics.

Keywords:Gamma Distribution Mean Variance Reliability Theory Moment Generating Function.

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