Asian Journal of Applied Sciences

1996-3343 xxxx-xxxx

Knowledgia Review

10.3923/ajaps.2016.1.12

Oguntunde

P.E.

Owoloko

E.A.

Balogun

O.S.

1 2016

9 1 A new two-parameter weighted exponential distribution which has more mild algebraic properties than the existing weighted exponential distribution was studied. Explicit expressions for some of its basic statistical properties including moments, reliability analysis, quantile function and order statistics were derived. Its parameters were estimated using the method of maximum likelihood estimation. The new probability model was applied to four real data sets to assess its flexibility over the existing weighted exponential distribution.

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