Mixture of Exponential and Weighted Exponential Distribution: Properties and Applications

A. A. Bhat¹ , Sofi Mudasir² , S.P. Ahmad³

Section:Research Paper, Product Type: Isroset-Journal
Vol.5 , Issue.6 , pp.38-46, Dec-2018

CrossRef-DOI:   https://doi.org/10.26438/ijsrmss/v5i6.3846

Online published on Dec 31, 2018

Copyright © A. A. Bhat, Sofi Mudasir, S.P. Ahmad . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
 

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Abstract :
In this paper, a new model entitled as “Mixture of Exponential and Weighted Exponential Distribution (MEWED): Properties and Applications” is obtained. Some statistical properties of the new model are unfolded. The method of maximum likelihood is used to estimate the parameters of the proposed model. The usefulness of the proposed model is illustrated by using real life data sets.

Key-Words / Index Term :
Exponential Distribution, Weighted Exponential Distribution, Maximum Likelihood Estimation and Real Life Data

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