Transmuted Mixture Exponential Distribution: Properties and Applications

Abstract

Transmutation method is a useful technique to generate flexibility distributions in modeling a particular data set‎. ‎In this paper‎, ‎the transmuted mixture‎‎ exponential (TME) distribution is proposed and studied‎. ‎We provide a description of the mathematical properties of the subject distribution along with its reliability aspects‎. ‎Also‎, ‎we develop the maximum likelihood estimators of the unknown parameters and‎‎ their corresponding asymptotic confidence intervals‎. ‎The usefulness of the proposed distribution for modeling data is illustrated using two real data sets‎.