In this article, we extensively study a family of distributions using the trigonometric function. We add an extra parameter to the sine transformation family and name it the alpha-sine-G family of distributions. Some important functional forms and properties of the family are provided in a general form. A specific sub-model alpha-sine Weibull of this family is also introduced using the Weibull distribution as a parent distribution and studied deeply. The statistical properties of this new distribution are investigated and intended parameters are estimated using the maximum likelihood, maximum product of spacings, least square, weighted least square, and minimum distance methods. For further justification of these estimates, a simulation experiment is carried out. Two real data sets are analyzed to show the suggested model’s application. The suggested model performed well compares to some existing models considered in the study.
In recent years, there has been a lot of interest in the research of cooperative censoring schemes. In this work, we compared the relative benefits of two competing length-of-life products using inverse Weibull lifetime products with a joint type-II hybrid censoring scheme (JHC-Type II). We initially examined the maximum likelihood estimators and their confidence intervals (CIs) for the unknown parameters based on JHC-Type II. Then, under the premise of independent gamma priors, we offer Bayes estimates of the parameters using squared error loss and LINEX loss functions. We used the Markov chain Monte Carlo method to create credible intervals and Bayesian estimates. Based on the parametric bootstrapping techniques known as Boot-p and Boot-t, we create two bootstrapping CIs. In addition, we do a Monte Carlo simulation experiment to track how well the aforementioned approaches work and to determine the corresponding confidence and credible intervals. Finally, to show how the approaches covered in this paper might be used, we consider a real physical dataset.
This study discusses the Gompertz distribution’s statistical inference using unified hybrid censored data. Under various loss functions, the maximum likelihood and Bayesian approaches are explored for estimating the parameters for the Gompertz distribution. To compare the suggested methodologies, the Monte Carlo simulation is used, which also introduces the simulation research. By examining a genuine dataset, the applicability of the presented inference in practice is finally demonstrated.
20 March 2024 in Journal of Radiation Research and Applied Sciences
In this study, the parameters of the inverted exponentiated Lomax distribution via generalized order statistics are assessed using Bayesian and maximum likelihood approaches. The maximum likelihood estimators along with approximate confidence intervals are calculated. Under the squared error loss function, the Bayesian estimator, percentile bootstrap, and bootstrap-t credible periods are produced. Furthermore, the proposed estimators are dedicated to schemes such as type-II censored ordinary order statistics joint density function. A numerical simulation is used to assess the behavior and sensitivity of the estimates for various sample sizes. From the posterior distributions, the Metropolis–Hastings technique is used to generate Markov chain Monte Carlo samples. We utilize this technique to examine a current dataset of interest: daily cases of COVID-19 instances detected in Saudi Arabia from May 31 to October 28, 2020 (inclusive). In the future, the proposed methodology could be useful for analyzing data on COVID-19 instances in other countries for comparative studies.
Statistical modeling and forecasting are crucial to understanding the depth of information in data from all sources. For precision purposes, researchers are always in search of ways to improve the quality of modeling and forecasting, whatever the complexity of the situation. To this end, new (probability) distributions and suitable forecasting methods are demanded. The first part of this paper contributes to this direction. Indeed, we introduce a modified version of the flexible Weibull distribution, called the modified flexible Weibull distribution. It is constructed by mixing the flexible Weibull distribution with the exponential T-X scheme. This strategy is winning; the new distribution has a larger panel of functionalities in comparison to those of the classical Weibull distribution, among other things. To check the quality of the fitting of the modified flexible Weibull distribution, two different datasets are analyzed. After analyzing these datasets, it is observed that the modified flexible Weibull distribution has improved fitting power compared to other similar distributions. Apart from this, the conventional time series model, namely, the autoregressive integrated moving average (ARIMA) model, and the modern artificial neural network (ANN) model are considered for forecasting results. Utilizing the two datasets discussed earlier, it was discovered that the ANN model is more effective than the traditional ARIMA model.