Abstract

Half-Cauchy generalized exponential (HCGE) distribution is a novel distribution that we have proposed on in this paper. The quantiles, the measures of skewness based on quartiles, and the measures of kurtosis based on octiles, survival function, the probability density function, hazard function, cumulative distribution function, cumulative hazard function, are just a few of the crucial statistical properties we have derived for the proposed distribution. To estimate the parameters of the half-Cauchy generalized exponential distribution, the maximum likelihood estimation method has been applied. For the evaluation of the new distribution’s potential, we have considered a real dataset and compared the goodness-of-fit attained by proposed distribution with some competing distribution. The suggested model fits the data much better and is more adaptable than some other models.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.