A new lifetime distribution: transmuted exponential power distribution

Abstract

In this study, a new statistical distribution called as Transmuted Exponential Power distribution using the quadratic rank transmutation map introduced by Shaw and Buckley [23,24] is suggested. The various mathematical and statistical properties of this distribution are examined. The method of maximum likelihood estimation has been used to estimate the unknown parameters of this distribution. Moreover,  real data analysis is used to compare this new distribution with other some distributions using some goodness of fit measures.

Keywords

• Transmuted exponential power distribution
• Quadratic rank transmu- tation map
• Maximum likelihood estimation

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