On the Construction of Kumaraswamy-Epsilon Distribution with Applications
Abstract: A new probability distribution function of the Kumaraswamy-G family is introduced in this study. It is constructed from a parent distribution called the epsilon distribution. This new distribution has more flexible probability density function shapes that suggest its possible use, for example, in modeling lifetime data generation processes. Its hazard rate function and order statistics distributions were derived. The distribution significantly provided good fit to two real life datasets with efficient parameter estimates within twice their standard errors. These attest to its practical applicability.
Keywords: Kumaraswamy-G, epsilon distribution, hazard rate function, order statistic, deuterium excesses, monthly tax revenue
How to Cite?: Gongsin Isaac Esbond, Saporu W. O. Funmilayo, "On the Construction of Kumaraswamy-Epsilon Distribution with Applications", Volume 8 Issue 11, November 2019, International Journal of Science and Research (IJSR), Pages: 1199-1204, https://www.ijsr.net/getabstract.php?paperid=ART20202623, DOI: https://dx.doi.org/10.21275/ART20202623