New generalized unit distributions based on order statistics
By: Iman Mohamed Attia
Potential Business Impact:
Makes math models better for real-world guessing.
In the present paper, the author discusses the derivation of unit distributions and the derivation of the generalized form using the order statistics. The author discusses the Kumaraswamy as the smallest order statistic of the unit power distribution derived from the inverse Weibull distribution. The author discusses the unit Rayleigh distribution and how it can be generalized using the smallest, largest, and kth order statistics. Using the order statistics to generalize a distribution differs from other techniques like the power transformation and T-X family (transformed-transformer) method. For the discussed distribution, the author demonstrates the basic functions and properties with real data analysis.
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