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International Journal of Statistics and Applied Mathematics 2024; 9(2): 56-65
ISSN: 2456-1452
Maths 2024; 9(2): 56-65
© 2024 Stats & Maths
www.mathsjournal.com
Received: 18-01-2024
Accepted: 21-02-2024
Arun Kumar Chaudhary
Department of Management
Science, Nepal Commerce
Campus, Tribhuvan University,
Nepal
Lal Babu Sah Telee
Department of Management
Science, Nepal Commerce
Campus, Tribhuvan University,
Nepal
Vijay Kumar
Department of Mathematics and
statistics, DDU Gorakhpur
University Gorakhpur, India
Corresponding Author:
Arun Kumar Chaudhary
Department of Management
Science, Nepal Commerce
Campus, Tribhuvan University,
Nepal
Cauchy modified generalized exponential distribution:
Estimation and Applications
Arun Kumar Chaudhary, Lal Babu Sah Telee and Vijay Kumar
DOI: https://doi.org/10.22271/maths.2024.v9.i2a.1682
Abstract
We present a unique probability model in this study called the Cauchy Modified Generalized Exponential
Distribution. This model is formulated by combining the Cauchy family of distributions with the
Modified Generalized Exponential Distribution as the baseline distribution. Our objective is to employ
this model in the analysis of lifetime data. We've crafted formulas for various statistical functions, like
skewness, kurtosis, survival function, quantile function, hazard rate function, distribution function, and
probability density function. Additionally, we've integrated visual depictions of the probability density
and hazard rate curves. We gathered a dataset that included notable earthquakes (magnitude 7.0 and
higher) that the USGS had documented between 1990 and 2018. Our proposed model's effectiveness was
evaluated by applying it to a global dataset covering significant earthquakes of the same magnitude
range. The model parameters were estimated using maximum likelihood estimation. Several statistical
measures were applied in order to confirm the validity of the model, including the Bayesian Information
Criterion, Corrected Akaike's Information Criterion, the Hannan-Quinn Information Criterion, and
Akaike's Information Criterion. Additionally, Q-Q and P-P plots were employed for validation. We used
the Kolmogorov-Smirnov, Anderson-Darling, and Cramer-von Mises tests to evaluate how well our
model fit the data. These tests were conducted to determine the suitability of our model for analyzing the
provided earthquake data. Our empirical results indicate that, compared to alternative lifetime
distributions, our suggested distribution not only exhibits a better fit but also provides increased
flexibility for analyzing lifetime data. This study advances our understanding of earthquake patterns and
contributes to the ongoing efforts in seismic risk assessment and mitigation strategies. All numerical
calculations were performed using the R programming language.
Keywords: Cauchy family of distribution, earthquakes, failure rate function, maximum likelihood
estimation, modified generalized exponential distribution
1. Introduction
In recent decades, the exponential distribution has become a common baseline distribution for
establishing new probability models. Numerous modifications of exponential distributions can
be found in the literature. The Generalized Exponential Distribution (GED) created by (Gupta
& Kundu, 2007)
[17]
is a statistical probability distribution that extends the traditional
exponential distribution by incorporating an additional parameter in base line distribution to
better capture the characteristics of real-world data. The inclusion of additional parameters
results in the creation of new probability models. Typically, these adjusted models offer a
more accurate representation of the data compared to conventional models. The GED
introduces a shape parameter that changes the hazard function, allowing for a more flexible
modeling approach than the usual exponential distribution, which assumes a constant hazard
rate. This modification enables the distribution to better accommodate scenarios where the
hazard rate varies over time, providing a more accurate representation of diverse phenomena in
fields such as reliability engineering, biology, finance, life testing and survival analysis.
While GED distribution is effective for analyzing datasets with a monotone (increasing/
decreasing) hazard function (HF), it cannot be applied to datasets with a unimodal or bathtub-
shaped HF and upside-down bathtub shapes, such as those resembling the Weibull or gamma
distributions. Several innovative probability models have been created through the