New Sine Inverted Exponential Distribution: Properties, Simulation and Application

Abstract

The New Sine Inverted Exponential Distribution, a new distribution model with just one parameter, is suggested in this study. The suggested model has several statistical qualities and reliability properties that have been constructed and explored. The MLE estimations of the parameters were determined using R's adequacy model package. To calculate the bias of the model parameter and the root mean square error, a simulation study was done. The simulation study revealed that the proposed model is well-behaved. The findings also showed that the suggested model outperforms the current listed models on two real datasets when performance was compared.