The inverted weighted exponential distribution with applications
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.
Published at International Journal of Advanced and Applied Sciences
Volume 5
Issue 11
Pages 46-50
Published in 2018
P. E. Oguntunde; K. A. Ilori; H. I. Okagbue
Okagbue Hilary Izuchukwu » Hilary Izuchukwu Okagbue Obtained his B.Tech, M.Sc and Ph.D. degrees in Industrial Mathematics and Statistics from the Federal University of Technology, Owerri, University of Lagos, Covenant University in 2007, 2010 and 2019 respectively. His research interests include Data Analysis, Mathematical Statistics, Mathematical Cryptography and analysis of patterns in number theory. view full profile