Abstract
This study presents the Entropy-Transformed Exponential Distribution (EnTrED), in an attempt to enhancing the flexibility and applicability of the traditional exponential distribution. The study explores the statistical properties of the EnTrED, including mode, quantile function, reliability, moments, and hazard function. The parameters of the distribution were estimated using maximum likelihood estimation, and the stability of these estimates was thoroughly evaluated through extensive Monte Carlo simulation. The simulation results demonstrated that the maximum likelihood estimates of the model parameters were well-behaved. Additionally, Empirical assessments against alternative distributions underscores the robustness of the EnTrED as a superior model for analyzing life data.
Sign-in/Register to access full text options 
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 callDisclaimer: 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.
