Refah Alotaibi1, Hassan Okasha2,3, Hoda Rezk4, Mazen Nassar2,5,*
CMES-Computer Modeling in Engineering & Sciences, Vol.135, No.2, pp. 1255-1274, 2023, DOI:10.32604/cmes.2022.022623
- 27 October 2022
Abstract The objective of this article is to provide a novel extension of the conventional inverse Weibull distribution that adds an extra shape parameter to increase its flexibility. This addition is beneficial in a variety of fields, including reliability, economics, engineering, biomedical science, biological research, environmental studies, and finance. For modeling real data, several expanded classes of distributions have been established. The modified alpha power transformed approach is used to implement the new model. The data matches the new inverse Weibull distribution better than the inverse Weibull distribution and several other competing models. It appears to More >