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The Alpha Power Transformed Rani Distribution: Properties, Estimation and its Applications
Maryam Mohiuddin , R. Kannan
Abstract
In this paper, we proposed a new distribution taking Rani distribution as the baseline distribution and constructed Alpha Power Transformed Rani Distribution having two parameters (scale and shape). Some reliability measures and statistical properties of the distribution has been obtained such as reliability function, hazard function, mean residual life, mean waiting time, moments, order statistics, Bonferroni and Lorenz curve. A maximum likelihood estimator has been established for determining the parameters of the model. The performance and flexibility of new distribution have been demonstrated by two real-life data.
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ISSN(P) 2350-0174

ISSN(O) 2456-2378

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