This paper introduces the unit-transmuted Lindley (unit-TL) distribution. The statistical properties of the unit-TL distribution defined between (0,1) are discussed in detail. Several estimation techniques are used to estimate the parameters of the unit-TL distribution. An analysis through simulation is carried out to evaluate the efficacy of the suggested model. Furthermore, a unique regression model is developed for bounded response variables based on the unit-TL distribution. To illustrate the importance of the suggested model in precisely describing restricted datasets, two distinct datasets are examined
| Primary Language | English |
|---|---|
| Subjects | Stochastic Analysis and Modelling |
| Journal Section | Research Article |
| Authors | |
| Submission Date | June 14, 2024 |
| Acceptance Date | October 15, 2024 |
| Publication Date | December 30, 2024 |
| Published in Issue | Year 2024 Volume: 45 Issue: 4 |
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