A New Reparameterized Weibull-Type Distribution for Asymmetric Lifetime Data: Inference, Simulation, and Applications

This article presents a comprehensive inferential and applied investigation of the newly reparameterized Z-Weibull (ZW) distribution, a flexible Weibull-type lifetime model capable of accommodating both bounded and unbounded support regimes as well as a wide variety of hazard rate shapes. Unified frequentist and Bayesian inference procedures are developed for complete and censored samples using maximum likelihood, maximum product spacing, and Markov chain Monte Carlo methods. Theoretical properties of the estimators and their associated interval estimates are established, while extensive Monte Carlo simulations assess their finite-sample performance under diverse parameter configurations and censoring schemes. The results indicate that Bayesian spacing-based procedures generally provide more accurate estimation, lower bias, and improved interval performance than competing classical methods. Applications to biomedical survival and climatological datasets, together with comparisons against several Weibull-type and exponential-based competitors, demonstrate the superior flexibility and goodness-of-fit of the ZW model. These findings highlight the practical value of the reparameterized ZW distribution as a unified and effective tool for modeling complex lifetime and reliability data arising in survival, environmental, and engineering studies.