A new inverse Weibull distribution with properties, estimation, simulation, and applications
DOI:
https://doi.org/10.64497/jssci.149Abstract
This study offers a new probability distribution to improve the modeling of lifetime data. The main statistical properties of the distribution, including its quantile function, moments, and moment generating function, are derived. The model parameters are estimated using the method of maximum likelihood (MLE), and a simulation study is conducted to evaluate the performance and accuracy of the MLEs under different sample sizes and parameter settings. To demonstrate its practical usefulness, the proposed distribution is applied to three real datasets and compared with several existing competing distributions. The goodness-of-fit tests show that the proposed distribution fits the data better than the competing models.
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Copyright (c) 2025 Muhammad Osama, Sayed Alamgir Shah, Syed Muhammad Zeeshan, Muhammad Haseeb Ullah

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