A new probabilistic model: Theory, simulation and applications to sports and failure times data

Autor: Xiangming Tang, Jin-Taek Seong, Randa Alharbi, Aned Al Mutairi, Said G. Nasr
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Heliyon, Vol 10, Iss 4, Pp e25651- (2024)
Druh dokumentu: article
ISSN: 2405-8440
DOI: 10.1016/j.heliyon.2024.e25651
Popis: In applied sectors, data modeling/analysis is very important for decision-making and future predictions. Data analysis in applied sectors mainly relies on probability distributions. Data arising from numerous sectors such as engineering-related fields have complex structures. For such kinds of data having complex structures, the implementation of classical distributions is not a suitable choice. Therefore, researchers often need to look for more flexible models that might have the capability of capturing a high degree of kurtosis and increasing the fitting power of the classical models. Taking motivation from the above theory, to achieve these goals, we study a new probabilistic model, which we named a new beta power flexible Weibull (NBPF-Weibull) distribution. We derive some of the main distributional properties of the NBPF-Weibull model. The estimators for the parameters of the NBPF-Weibull distribution are derived. The performances of these estimators are judged by incorporating a simulation study for different selected values of the parameters. Three data sets are used to demonstrate the applicability of the NBPF-Weibull model. The first data set is observed from sports. It represents the re-injury rate of various football players. While the other two data sets are observed from the reliability zone. By adopting certain diagnostic criteria, it is proven that the NBPF-Weibull model repeatedly surpasses well-known classical and modified models.
Databáze: Directory of Open Access Journals