A New Generalization of Weighted Power Hamza Distribution with Properties and Applications to Real Life Data
Abstract
In this paper, we have introduced a new generalization of Hamza distribution known as weighted power Hamza distribution (WPHD) for modeling real life data. The statistical and mathematical properties of the newly proposed distribution are derived and discussed in detail. The model parameters of the newly executed distribution are estimated by using the method of maximum likelihood estimation. Finally, an application of the proposed distribution is demonstrated with real life data.
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