Volume 5, Issue 11 (November 2018), Pages: 46-50
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Original Research Paper
Title: The inverted weighted exponential distribution with applications
Author(s): Pelumi E. Oguntunde 1, *, Kolawole A. Ilori 2, Hilary I. Okagbue 1
Affiliation(s):
1Department of Mathematics, Covenant University, Ota, Ogun State, Nigeria
2Statistics Program, National Mathematical Centre, Abuja, Nigeria
https://doi.org/10.21833/ijaas.2018.11.006
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Abstract:
A two-parameter Inverted Weighted Exponential distribution was derived in this paper. Its various statistical properties were established and the maximum likelihood estimation method was used to estimate the model parameters. Two real life applications were provided to assess the superiority of the Inverted Weighted Exponential distribution over existing distributions.
© 2018 The Authors. Published by IASE.
This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords: Distribution, Generalized models, Mathematical statistics, Maximum likelihood estimation, Statistical properties, Weighted exponential
Article History: Received 4 May 2018, Received in revised form 24 August 2018, Accepted 8 September 2018
Digital Object Identifier:
https://doi.org/10.21833/ijaas.2018.11.006
Citation:
Oguntunde PE, Ilori KA, and Okagbue HI (2018). The inverted weighted exponential distribution with applications. International Journal of Advanced and Applied Sciences, 5(11): 46-50
Permanent Link:
http://www.science-gate.com/IJAAS/2018/V5I11/Oguntunde.html
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