On the transmuted extreme value distribution with application Original Research Article

A functional composition of the cumulative distribution function of one probability distribution with the inverse cumulative distribution function of another is called the transmutation map. In this article, we will use the quadratic rank transmutation map (QRTM) in order to generate a flexible family of probability distributions taking extreme value distribution as the base value distribution by introducing a new parameter that would offer more distributional flexibility. It will be shown that the analytical results are applicable to model real world data.