Theoretical analysis of inverse weibull distribution

In this study we present the theoretical analysis of Inverse weibull distribution. This paper presents the flexibility of the Inverse weibull distribution that approaches to different distributions. Here we compare the relevant parameters such as shape, scale parameters by using simulation analysis. Here we present the relationship between shape parameter and other properties such as mean, median, mode, variance, coefficient of variation, coefficient of skewness and coefficient of kurtosis models are shown graphically and mathematically presented.