A new probabilistic approach: Model, theory, properties with an application in the medical sector

Abstract

In recent years, the modeling of time-to-events has emerged as a highly promising and dynamic research area. This field has witnessed a surge of research studies dedicated to developing novel statistical methodologies aimed at effectively handling time-to-event phenomena. These studies are motivated by the increasing recognition of the importance of time-related factors in various fields such as medicine, epidemiology, finance, and engineering. Researchers have been actively engaged in proposing innovative approaches to address the complexities associated with time-to-event data. The overarching goal is to enhance our understanding of event occurrence and duration, enabling more accurate predictions and informed decision-making. This research encompasses a wide range of topics, including survival analysis, reliability modeling, and event prediction. The motivation behind these research efforts stems from the need to overcome traditional limitations in time-to-event analysis and to explore new avenues for modeling and interpretation. By introducing advanced statistical techniques, researchers seek to capture the intricate dynamics of event processes, considering factors such as censoring, competing risks, and time-varying covariates. The proliferation of research studies in this domain reflects a collective effort to push the boundaries of statistical modeling and analysis, paving the way for more comprehensive and robust methodologies. As researchers continue to delve deeper into the intricacies of time-to-event data, the impact of these advancements extends to diverse applications, ultimately fostering innovation and progress across interdisciplinary fields. This paper adopts and implements a new statistical approach to propose a family of flexible distributions, namely, a new generalized-O family of distributions. For the newly obtained family, certain mathematical properties such as identifiability, quantile function, rth non-central moment, Lorenz curve, incomplete moments, and the expression of the Bonferroni curve are obtained. Furthermore, an extension of the Weibull model is introduced using the newly developed approach, namely, a new generalized Weibull model. The parameters of the new generalized version of the Weibull model are estimated by adopting a well-known estimation approach. Finally, a data set consists of sixty (60) observations representing the times of the survival of some patients infected by the COVID-19 epidemic is analyzed to illustrate the new generalized Weibull model.