Neutrosophic Laplace Distribution with Properties and Applications in Decision Making

Abstract

This paper introduces the concept of the neutrosophic Laplace distribution ( ), a probability distribution derived from the Laplace distribution. The offers a versatile framework for describing various real-world problems. We highlight the neutrosophic extension of the Laplace distribution and explore its applications in different areas. Extensive investigations into the mathematical properties of the distribution are presented, including the derivation of its probability density function, mean, variance, raw moment, skewness, and kurtosis. To estimate the parameters of the , we employ the method of maximum likelihood (ML) estimation within a neutrosophic environment. Furthermore, we conduct a simulation study to assess the effectiveness of the maximum likelihood approach in estimating the parameters of this new distribution. The findings demonstrate the potential of the in modeling and analyzing real-world phenomena. Eventually, some illustrative examples related to system reliability are provided to clarify further the implementation of the neutrosophic probabilistic model in real-world problems.