A Novel Distribution on the Unit Interval with Properties and Applications for Electronic Components

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Authors: Farrukh Jamal, Mohamed A. Abd Elgawad, Muhammad Imran, Shahid Mohammad
Cited by: 1
References: 25

Abstract

This paper introduces a novel continuous probability distribution on the unit interval called the unit Jamal distribution and explores its properties. The proposed distribution performs well in modeling bathtub-shaped data, effectively capturing its characteristic hazard rate behavior. Key mathematical characteristics such as moments, the moment generating function, order statistics, entropy, and the quantile function are thoroughly derived. Parameter estimation is conducted using maximum likelihood and Bayesian estimation methods. A simulation study is conducted to evaluate the accuracy of parameter estimates and to examine the distribution’s behavior. Additionally, the applicability of the proposed distribution is demonstrated through analysis of two real-world datasets, allowing for a comparison of its performance against existing models.

Fields of Study & Subjects

Statistical Distribution Estimation and Applications Financial Risk and Volatility Modeling Bayesian Methods and Mixture Models

Publication details

Journal / source
Axioms
Publisher
MDPI AG
Volume
15
Issue
5
Pages
359–359
Publication date
12 May 2026
Language
EN