A novel discrete Poisson mixing probability distribution with two parameters has been developed by combining the Poisson distribution with the transmuted moment exponential distribution. It is possible to deduce several mathematical properties, such as the moment-generating function, ordinary moments, moments about the mean, skewness, kurtosis, and the dispersion index. The maximum likelihood estimation method is utilized to estimate the model’s parameters. A thorough simulation study is utilized to determine the behavior of the generated estimators. Estimating model parameters using a Bayesian methodology is another primary topic of this research. The behavior of Bayesian estimates is evaluated by first charting the trace, then generating 1,005,000 iterations of the Markov chain Monte Carlo method. In addition to this, we suggest a new count regression model that uses Poisson and negative binomial models in an alternating fashion. In conclusion, asymmetric datasets derived from various research areas are utilized for practical applications.
The creating of novel models essentially stems from the requirement to appropriate describe survival cases. In this study, a novel lifetime model with two parameters is proposed and studied for modeling more types of data used in different study cases, including symmetric, asymmetric, skewed, and complex datasets. The proposed model is obtained by compounding the exponential and XLindley distributions, and it is regarded as a strong competitor for the widely applied symmetrical and non-symmetrical models. Several characteristics and statistical properties are investigated. The unknown parameters of the recommended model for the complete sample are estimated using two estimation methods; notably, maximum likelihood estimation and Bayes techniques based on several loss functions as well as an approximate tool are used to construct the confidence intervals for the unknown parameters of the suggested model. The estimation procedures are compared using a Monte Carlo simulation experiment to demonstrate their effectiveness. In the end, the applicability and flexibility of the recommended model are conducted using two real lifetime datasets. In our illustration, we compare the practicality of the recommended model with several well-known competing distributions.
In this paper, the main aim is to define a statistical distribution that can be used to model COVID‐19 data in Mexico and Canada. Using the method of exponentiation on the gull alpha exponential distribution introduces a new distribution with three parameters called the exponentiated gull alpha power exponential (EGAPE) distribution. The distribution has the benefit of being able to represent monotonic and nonmonotonic failure rates, both of which are often seen in dependability issues. It is possible to determine the quantile function as well as the skewness, kurtosis, and order statistics of the suggested distribution. The approach of maximum likelihood is used in order to calculate the parameters of the model, and the RMSE and average bias are utilised in order to evaluate how successful the strategy is. In conclusion, the flexibility of the new distribution is demonstrated by modeling COVID‐19 data. From the practical application, we can conclude that the proposed model outperformed the competing models and therefore can be used as a better option for modeling COVID‐19 and other related datasets.