Transmuted Quasi Akash Distribution Applicable to Survival Times Data
Keywords:Quadratic rank transmutation map technique, transmuted parameter, structural properties, hazard rate, simulation, maximum likelihood estimation
We formulated transmuted quasi Akash distribution by using quadratic rank transmutation map technique. Various necessary statistical characteristics of transmuted quasi Akash distribution are studied. The reliability measures of proposed model are also derived and model parameters are estimated by maximum likelihood estimation method. Simulation study is carried out to test the performance of maximum likelihood estimates and to compare the proposed model with base model. The significance of transmuted parameter has been tested. Finally proposed model and its related models are fitted to two real life data sets to examine the significance of newly introduced model.
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