Extended odd Frechet-exponential distribution with applications related to the environment
Extended odd Frechet-exponential distribution with applications related to the environment
Author(s): Muzamil Jallal, Aijaz Ahmed, Rajnee TripathiSubject(s): Economy
Published by: Główny Urząd Statystyczny
Keywords: Frechet distribution; moments; quantile function; Renyi entropy; maximum likelihood estimation; order statistics;
Summary/Abstract: In this paper, we attempted to expand the Frechet distribution by employing the T-X family of distributions and named the newly formulated model Extended odd Frechet-exponential distribution (EOFED). Several structural properties, reliability measurements and characteristics were estimated and discussed. The study presents graphs which depict the behaviour of the probability density function, cumulative distribution function and the hazard rate function. The adaptability and flexibility of this novel distribution were achieved through the application of real-world data sets. A simulation study was performed to evaluate and compare the output efficacy of the estimators.
Journal: Statistics in Transition. New Series
- Issue Year: 25/2024
- Issue No: 2
- Page Range: 121-136
- Page Count: 15
- Language: English