A new hybrid odd exponential-Φ family: Properties and applications

Abstract

The paper introduces the hybrid odd exponential-Φ (HOE-Φ) family, a novel framework for generating a continuous distribution characterized by an additional parameter. The extensive statistical properties of this family are derived and explored in detail. Parameter estimation is performed using the maximum likelihood estimation technique. The efficacy and versatility of the proposed model are demonstrated through a comparative analysis involving two distinct real-world datasets.