This study on the Type-I heavy-tailed Rayleigh (TI-HTR) distribution is a special case of Type-I heavy-tailed (TI-HT) family of distributions was studied. The characteristics were derived, including the moment and its measures, quantile function, reliability measures, and other statistical properties as well as parameter estimation using the maximum likelihood method and penalized likelihood estimation. The behavior of its various functions were shown graphically. Analytically, we showed that model linearly grows near the origin and exhibits rapid exponential decay. However, the tail behavior cannot equal the traditional heavy-tail in the power law sense, hence it is called the type-I heavy-tail. Interestingly, we designed a group acceptance plan (GASP) and demonstrated usefulness with both assumed and maximum likelihood estimates. The GASP under the TI-HTR distribution is preferable when the parameter values are small. The distribution was used to model real-life data sets to justify its usefulness. The results of the application of the model to both COVID-19 and Cancer data showed that the model fits the two data better than the competing models and also suggest that inference from the model is better than those of the competitors. In estimating the parameters, the penalized likelihood procedure perform considerably better with minimum standard error of the estimates. From the Cramér-von Mises test results which guides against the heavy-tail sensitivity, the TI-HTR distribution offers a better model for fitting fast decaying exponential data since it has the least statistics in both datasets.
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http://dx.doi.org/10.1016/j.heliyon.2024.e38150 | DOI Listing |
MethodsX
June 2025
Department of Statistics, Institut Teknologi Sepuluh Nopember, Surabaya 60111 Indonesia.
This research introduces the Generalized Extreme Value Mixture Autoregressive (GEVMAR) model as an innovative approach for examining non-standard actuarial datasets within general insurance. Information concerning claim reserves often reveals notable volatility and multimodal distributions, attributes that standard models, including previous method such as the Gaussian Mixture Autoregressive (GMAR) model and other autoregressive methodologies, find problematic to manage effectively. The GEVMAR model integrates the Generalized Extreme Value (GEV) distribution alongside Bayesian estimation techniques, augmented by a modified Signal-to-Noise Ratio (SNR) metric to improve predictive accuracy.
View Article and Find Full Text PDFJ Appl Stat
April 2024
Department of Statistics and Operations Research, Aligarh Muslim University, Aligarh, India.
In survival analysis, the Accelerated Failure Time (AFT) shared frailty model is a widely used framework for analyzing time-to-event data while accounting for unobserved heterogeneity among individuals. This paper extends the traditional Weibull AFT shared frailty model using half logistic-G family of distributions (Type I, Type II and Type II exponentiated) through Bayesian methods. This approach offers flexibility in capturing covariate influence and handling heavy-tailed frailty distributions.
View Article and Find Full Text PDFHeliyon
October 2024
Department of Statistics, Faculty of Physical Sciences, Nnamdi Azikiwe University, P.O. Box 5025, Awka, Nigeria.
This study on the Type-I heavy-tailed Rayleigh (TI-HTR) distribution is a special case of Type-I heavy-tailed (TI-HT) family of distributions was studied. The characteristics were derived, including the moment and its measures, quantile function, reliability measures, and other statistical properties as well as parameter estimation using the maximum likelihood method and penalized likelihood estimation. The behavior of its various functions were shown graphically.
View Article and Find Full Text PDFJ Multivar Anal
July 2023
Department of Mathematical Sciences, Kent State University, Kent, OH 44242, USA.
When sample sizes are small, it becomes challenging for an asymptotic test requiring diverging sample sizes to maintain an accurate Type I error rate. In this paper, we consider one-sample, two-sample and ANOVA tests for mean vectors when data are high-dimensional but sample sizes are very small. We establish asymptotic -distributions of the proposed -statistics, which only require data dimensionality to diverge but sample sizes to be fixed and no less than 3.
View Article and Find Full Text PDFEntropy (Basel)
August 2022
Department of Statistics, Texas A&M University, College Station, TX 77840, USA.
A new nonparametric test of equality of two densities is investigated. The test statistic is an average of log-Bayes factors, each of which is constructed from a kernel density estimate. Prior densities for the bandwidths of the kernel estimates are required, and it is shown how to choose priors so that the log-Bayes factors can be calculated exactly.
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