Topp-Leone Cauchy Family of Distributions with Applications in Industrial Engineering

Abstract The goal of this research is to create a new general family of Topp-Leone distributions called the Topp-Leone Cauchy Family (TLC), which is exceedingly versatile and results from a careful merging of the Topp-Leone and Cauchy distribution families. Some of the new family’s theoretical prope...

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Main Authors: Mintodê Nicodème Atchadé, Mahoulé Jude Bogninou, Aliou Moussa Djibril, Melchior N’bouké
Format: Article
Language:English
Published: Springer 2023-11-01
Series:Journal of Statistical Theory and Applications (JSTA)
Subjects:
Online Access:https://doi.org/10.1007/s44199-023-00066-4
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author Mintodê Nicodème Atchadé
Mahoulé Jude Bogninou
Aliou Moussa Djibril
Melchior N’bouké
author_facet Mintodê Nicodème Atchadé
Mahoulé Jude Bogninou
Aliou Moussa Djibril
Melchior N’bouké
author_sort Mintodê Nicodème Atchadé
collection DOAJ
description Abstract The goal of this research is to create a new general family of Topp-Leone distributions called the Topp-Leone Cauchy Family (TLC), which is exceedingly versatile and results from a careful merging of the Topp-Leone and Cauchy distribution families. Some of the new family’s theoretical properties are investigated using specific results on stochastic functions, quantile functions and associated measures, generic moments, probability weighted moments, and Shannon entropy. A parametric statistical model is built from a specific member of the family. The maximum likelihood technique is used to estimate the model’s unknown parameters. Furthermore, to emphasize the new family’s practical potential, we applied our model to two real-world data sets and compared it to existing rival models.
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spelling doaj.art-ccc67c4ea35b407790f9003ece883d6b2024-01-14T12:39:02ZengSpringerJournal of Statistical Theory and Applications (JSTA)2214-17662023-11-0122433936510.1007/s44199-023-00066-4Topp-Leone Cauchy Family of Distributions with Applications in Industrial EngineeringMintodê Nicodème Atchadé0Mahoulé Jude Bogninou1Aliou Moussa Djibril2Melchior N’bouké3National Higher School of Mathematics Genius and Modelization, National University of Sciences, Technologies, Engineering and MathematicsNational Higher School of Mathematics Genius and Modelization, National University of Sciences, Technologies, Engineering and MathematicsNational Higher School of Mathematics Genius and Modelization, National University of Sciences, Technologies, Engineering and MathematicsNational Higher School of Mathematics Genius and Modelization, National University of Sciences, Technologies, Engineering and MathematicsAbstract The goal of this research is to create a new general family of Topp-Leone distributions called the Topp-Leone Cauchy Family (TLC), which is exceedingly versatile and results from a careful merging of the Topp-Leone and Cauchy distribution families. Some of the new family’s theoretical properties are investigated using specific results on stochastic functions, quantile functions and associated measures, generic moments, probability weighted moments, and Shannon entropy. A parametric statistical model is built from a specific member of the family. The maximum likelihood technique is used to estimate the model’s unknown parameters. Furthermore, to emphasize the new family’s practical potential, we applied our model to two real-world data sets and compared it to existing rival models.https://doi.org/10.1007/s44199-023-00066-4Topp-LeoneStatistical distributionCauchyMomentsEntropyMaximum likelihood estimation
spellingShingle Mintodê Nicodème Atchadé
Mahoulé Jude Bogninou
Aliou Moussa Djibril
Melchior N’bouké
Topp-Leone Cauchy Family of Distributions with Applications in Industrial Engineering
Journal of Statistical Theory and Applications (JSTA)
Topp-Leone
Statistical distribution
Cauchy
Moments
Entropy
Maximum likelihood estimation
title Topp-Leone Cauchy Family of Distributions with Applications in Industrial Engineering
title_full Topp-Leone Cauchy Family of Distributions with Applications in Industrial Engineering
title_fullStr Topp-Leone Cauchy Family of Distributions with Applications in Industrial Engineering
title_full_unstemmed Topp-Leone Cauchy Family of Distributions with Applications in Industrial Engineering
title_short Topp-Leone Cauchy Family of Distributions with Applications in Industrial Engineering
title_sort topp leone cauchy family of distributions with applications in industrial engineering
topic Topp-Leone
Statistical distribution
Cauchy
Moments
Entropy
Maximum likelihood estimation
url https://doi.org/10.1007/s44199-023-00066-4
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AT alioumoussadjibril toppleonecauchyfamilyofdistributionswithapplicationsinindustrialengineering
AT melchiornbouke toppleonecauchyfamilyofdistributionswithapplicationsinindustrialengineering