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Article Abstract
This paper develops a novel two-parameter unit probability model which is the generalized form Kumaraswami distribution that exhibits greater flexibility compared to well-known existing distributions, attributed to its distinct hazard and density function shapes. Extensive analysis has been conducted to explore numerous statistical features of the specified distribution, specifically moments, and order statistics providing explicit expressions for these measures. The maximum likelihood estimation is employed to estimate the model parameters and a numerical simulation analysis confirms the consistency of this estimation approach. Furthermore, the applicability of the specified model is demonstrated by considering four real data sets, showcasing its effectiveness in capturing the characteristics of real life data. The proposed model shows promise as a versatile tool for analyzing diverse data sets in a wide range of fields.
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| http://www.ncbi.nlm.nih.gov/pmc/articles/PMC11414500 | PMC |
| http://dx.doi.org/10.1016/j.heliyon.2024.e37242 | DOI Listing |
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