2015
DOI: 10.3923/ajaps.2016.1.12
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On A New Weighted Exponential Distribution: Theory and Application

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 … Show more

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Cited by 10 publications
(10 citation statements)
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“…The first data set given in Table 1, shows the breaking stress of carbon fibres (in Gba) reported by Cordeiro and Lemonte and the second data set is from an accelerated life test of 59 conductors. The data have been previously used by Nasir et al [9] and Oguntunde et al [10] (Table 1-6).…”
Section: Estimation With Inferencementioning
confidence: 99%
“…The first data set given in Table 1, shows the breaking stress of carbon fibres (in Gba) reported by Cordeiro and Lemonte and the second data set is from an accelerated life test of 59 conductors. The data have been previously used by Nasir et al [9] and Oguntunde et al [10] (Table 1-6).…”
Section: Estimation With Inferencementioning
confidence: 99%
“…In distribution theory, flexibility and tractability are given a great deal of preference in modeling lifetime data. The tractability of a probability distribution may be useful in theory because such distribution would be easy to work with; especially when it comes to simulation of random samples, but its flexibility could be of interest industrially, Oguntunde [1]. The implication of this is that while…”
Section: Introductionmentioning
confidence: 99%
“…Some weighted distributions defined in the statistical literature, for example the weighted inverted exponential distribution [18], weighted Weibull distribution [19] and [25], weighted multivariate normal distribution [15], weighted inverse Weibull distribution [17], weighted three parameter Weibull distribution [2]. A two parameter weighted exponential distribution introduced [21] based on a modified weighted version of Azzalini's approach [3]. A two parameter general class of distribution based on Lindley and a compounded exponential distribution with Lindley distribution for decreasing hazard has been discussed and apply to the real data sets [6] and [7].…”
Section: Introductionmentioning
confidence: 99%