A new hybrid odd exponential-Φ family: Properties and applications
Ghanam ahmed mahdi, Mundher A. Khaleel, Ahmed M. Gemeay, M. Nagy, Ahmed Hamdi Mansi, Md. Moyazzem Hossain, Eslam Hussam
Abstract
The paper introduces the hybrid odd exponential-Φ (HOE-Φ) family, a novel framework for generating a continuous distribution characterized by an additional parameter. The extensive statistical properties of this family are derived and explored in detail. Parameter estimation is performed using the maximum likelihood estimation technique. The efficacy and versatility of the proposed model are demonstrated through a comparative analysis involving two distinct real-world datasets.
Topics & Concepts
Exponential familyMaximum likelihoodExponential functionExponential distributionEstimation theoryComputer scienceApplied mathematicsNatural exponential familyAlgorithmMathematicsStatistical physicsStatisticsPhysicsMathematical analysisStatistical Distribution Estimation and ApplicationsProbabilistic and Robust Engineering DesignFinancial Risk and Volatility Modeling