Truncated Cauchy Power Odd Fréchet-G Family of Distributions: Theory and Applications
Author(s) -
Mansour Shrahili,
Ibrahim Elbatal
Publication year - 2021
Publication title -
complexity
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.447
H-Index - 61
eISSN - 1099-0526
pISSN - 1076-2787
DOI - 10.1155/2021/4256945
Subject(s) - cauchy distribution , mathematics , normal family , principle of maximum entropy , exponential family , bonferroni correction , entropy (arrow of time) , exponential function , probability density function , statistics , mathematical analysis , physics , quantum mechanics , normality
The truncated Cauchy power odd Fréchet-G family of distributions is presented in this article. This family’s unique models are launched. Statistical properties of the new family are proposed, such as density function expansion, moments, incomplete moments, mean deviation, Bonferroni and Lorenz curves, and entropy. We investigate the maximum likelihood method for predicting model parameters of the new family. Two real-world datasets are used to show the importance and flexibility of the new family by using the truncated Cauchy power odd Fréchet exponential model as example of the family and compare it with some known models, and this model proves the importance and the flexibility for the new family.
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