Exponentiated Weibull inverted exponential distribution: Model, properties and applications

This study is based on formulation of a new probability model having four parameters. Parameters the are estimated using Maximum likelihood, Least Square and Cramer –von Mises method. Some statistical properties like reliability function, hazard rate functi on, quantile functions studied. Applicability tested real data set. Box plot TTT plots used to explain nature data. For validation, Q-Q plot, P-P as well information criteria values such Akaike Information criteria, Bayesian Corrected Hannan- Quinn criterion obtained. testing goodness fit taken for comparison, Kolmogorov- Smirnov, von-Mises Anderson darling test applied. To performance MLEs, Monte-Carlo simulation presented. All calculations performed R programming language.