Abstract
Information on wind speed and wind power distribution is significant for a few reasons, for example, surveying wind assets, arranging wind cultivates, and limiting the liabilities for wind power improvement. This study provided an application of a new generalization of two-parameter generalized inverse Lindley distribution using the Marshall–Olkin family for analyzing wind speed and wind power characteristics. Some mathematical properties of the new distribution were studied. We had observed the suitability of new distribution as compared to the other well-known wind speed distributions such as Weibull, inverse exponential, inverted Kumaraswamy, inverse Weibull, inverse Lindley, and generalized inverse Lindley distribution. For this purpose, the time-based wind speed data is taken from the four stations of Pakistan as a case study. We conclude based on certain goodness of fit criteria that the newly developed distribution has a better fit as compared to the other wind speed distributions. Therefore, the new model can be used as an alternative distribution for the assessment of wind speed energy potential.
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