The Cubic Rank Transmuted Inverse Exponential Distribution
N. P. Akpan *
Department of Mathematics and Statistics, University of Port Harcourt, Nigeria.
O. R. Uwaeme
Department of Mathematics and Statistics, University of Port Harcourt, Nigeria.
*Author to whom correspondence should be addressed.
Abstract
This paper uses the recently proposed cubic rank transmutation technique to develop and propose a new distribution in the transmutation family called the Cubic Rank Transmuted Inverse Exponential distribution (CRTIE). Important mathematical properties of the new distribution including Quantile function, and Reliability analysis were derived. The estimates of the parameters of the new distribution were also derived.
Keywords: Inverse exponential distribution, cubic rank transmutation, Quantile function, hazard rate function, survival function, reliability analysis