Second Order Transmuted Kumaraswamy Distribution and its Related Results
DOI:
https://doi.org/10.29020/nybg.ejpam.v17i2.5069Keywords:
Cubic Transmutation, Probability Distribution, Kumaraswamy Distribution, Order Statistics, Maximum Likelihood EstimationAbstract
The expansion of the application domains is greatly aided by the generalization of distributions. To achieve this, an extension of the two–parameter Kumaraswamy distribution to a three–parameter second order transmuted Kumaraswamy distribution has been presented in this study utilizing the cubic transmutation map. Along with the order statistics and parameter estimates, a number of statistical characteristics are shown. The performance of the estimated parameters has been demonstrated through simulation study. A few applications additionally serve to demonstrate the suggested distribution’s dominating applicability.
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