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On A New Weighted Exponential Distribution: Theory and Application

Oguntunde, P.E. and Owoloko, E. A. and Balogun, O. S. (2016) On A New Weighted Exponential Distribution: Theory and Application. Asian Journal of Applied Sciences , 9 (1). pp. 1-12. ISSN 1996-3343

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Abstract

A new two-parameter weighted exponential distribution which has more mild algebraic properties than the existing weighted exponential distribution was studied. Explicit expressions for some of its basic statistical properties including moments, reliability analysis, quantile function and order statistics were derived. Its parameters were estimated using the method of maximum likelihood estimation. The new probability model was applied to four real data sets to assess its flexibility over the existing weighted exponential distribution

Item Type: Article
Uncontrolled Keywords: Maximum likelihood estimation, order statistics, parameters, properties, alkaike information criteria, weighted weibull distribution
Subjects: Q Science > QA Mathematics
Divisions: Faculty of Engineering, Science and Mathematics > School of Mathematics
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 09 Mar 2017 14:31
Last Modified: 09 Mar 2017 14:31
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/7897

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