A New Compound Exponentiated Weibull Distribution with Statistical Properties and Applications

Abstract

This paper is intended to design a new distribution focused on Poisson zero truncated that also accommodates many significant failure rates. Several of its characteristics are derived mathematically. The actual model's density is being interpreted as a mixture of exponentiated Weibull densities. The maximum likelihood method is considered to estimate model parameters. We demonstrated the significance and versatility of the compound exponentiated Weibull distribution through simulation of three data sets.