This article presents an attempt to develop and characterize a new fin
ite range model for survival analysis, which has all the properties of
a p.d.f. It can be used both as an increasing failure rate (IFR) or a
decreasing failure rate (DFR), depending upon the choice of its shape
parameter, i.e., less than or greater than unity, respectively. Other
forms of the model for system lives and acceleration modelling are al
so provided. Two data sets are provided where the model is found fit.