Cubic rank transmuted distributions: inferential issues and applications

ABSTRACT

In this paper, we introduce a new family of transmuted distributions, the cubic rank transmutation map distribution. This new proposal increases the flexibility of the transmuted distributions enabling the modelling of more complex data such as ones possessing bimodal hazard rates. In order to illustrate the usefulness of the cubic rank transmutation map, we use two well-known lifetime distributions, namely the Weibull and log-logistic models. Several mathematical properties of these new distributions, namely the cubic rank transmuted Weibull distribution and the cubic rank transmuted log-logistic distribution, are derived. Then, the maximum likelihood estimation of the model parameters is described. A simulation study designed to assess the properties of this estimation procedure is then carried out. Finally, applications of the proposed models and their fit are illustrated with some datasets and the corresponding diagnostic analyses are also provided.

KEYWORDS:

• Cubic transmutation
• log-logistic distribution
• maximum likelihood estimation
• Weibull distribution

Disclosure statement

No potential conflict of interest was reported by the authors.