Abstract
In this research paper, a new regression model for the transmuted Weibull distribution was proposed, and the parameters of the new model were estimated by using the Maximum likelihood method, the different types of residuals were calculated for the new model, such as Cox and Snell Residual, Pearson Residuals, Deviance component Residual, and the martingale residual. The proposed model was applied to a set of real data representing bad debit rate, and the proposed model was also compared with some other models such as the Kumaraswamy Lindley regression model and the LG Weibull regression model.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Research and Innovation in Applied Science
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
