Performance rating of the transmuted exponential distribution: an analytical approach

Springerplus. 2015 Dec 24:4:818. doi: 10.1186/s40064-015-1590-6. eCollection 2015.

Abstract

In this article, the so called Transmuted Exponential (TE) distribution was applied to two real life datasets to assess its potential flexibility over some other generalized models. Various statistical properties of the TE distribution were also identified while the method of maximum likelihood estimation was used to estimate the model parameters.

Keywords: Estimation; Flexibility; Maximum likelihood estimation; Properties; Transmuted Exponential.