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- W4387473754 abstract "In this article, we provide a new three-parameter model derived from the newly reduced Cauchy power-G family and linked to the linear failure rate model. The truncated Cauchy power linear failure rate (TCPLFR) is the name given to this distribution. The TCPLFR distribution also contains the truncated Cauchy power Rayleigh distribution and the truncated Cauchy power exponential distribution as sub-models. The TCPLFR distribution has rising, falling, and U-shaped hazard rate functions. The distribution characteristics of the TCPLFR are presented. To compute the population parameters’ point and estimated confidence intervals, the maximum likelihood approach is employed. We explore the behavior of the maximum likelihood estimates as well as the estimated confidence intervals for the model parameters using Monte Carlo simulation. To demonstrate the significance and flexibility of the TCPLFR distribution, the Akaike information criterion (D1), Bayesian information criterion (D2), consistent Akaike information criterion (D3), Hannan–Quinn information criterion (D4), and Kolmogorov–Smirnov (D5) statistic with its p-value (D6) were employed. According to a real-world data analysis, the truncated Cauchy power linear failure rate distribution outperforms alternative models with two, three, and four parameters." @default.
- W4387473754 created "2023-10-11" @default.
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- W4387473754 date "2023-10-01" @default.
- W4387473754 modified "2023-10-16" @default.
- W4387473754 title "A new extension of linear failure rate distribution with estimation, simulation, and applications" @default.
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- W4387473754 doi "https://doi.org/10.1063/5.0170297" @default.
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