Generalized Rank Mapped Transmuted Distribution for Generating Families of Continuous Distributions

This study introduces generalized transmuted family of distributions. We investigate the special cases of our generalized transmuted distribution to match with some other generalization available in literature. The transmuted distributions are applied to Weibull distribution to find generalized rank map transmuted Weibull distribution. The distributional characteristics such as probability curve, mean, variance, skewness, kurtosis, distribution of largest order statistics, and their characteristics studied to compare with ordinary Weibull distribution. Hazard rate functions and distributional characteristics of largest order statistics of transmuted distributions are also studied. It is observed that the transmuted distributions are more flexible to model real data, since the data can present a high degree of skewness and kurtosis. If someone is interested to locate more flexible and higher degree of skewed distribution can explore this generalized transmuted family of distributions for future use.

Abstract licence: CC BY-NC-ND

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