A New Probability-Based Parametric Model for Modeling Time-to-Event Datasets
John N. Igabari,
Peter E. Omosioni,
Dennis Enegesele,
Allen J. Otunomeruke,
Festus S. S. Oloda,
Festus C. Opone,
Jacob C. Ehiwario and
Selasi K. Ocloo
International Journal of Mathematics and Mathematical Sciences, 2026, vol. 2026, 1-15
Abstract:
This paper introduces a new probability-based parametric model, called the weighted harmonic inverted exponential (WHIE) distribution, to model positive continuous data. The proposed model is developed using the weighted harmonic mean transformation and is motivated by extensions of survival-based distributions. Some key statistical properties of the WHIE distribution are derived, and mathematical expressions for different methods of parameter estimation are presented. A Monte Carlo simulation study is conducted to assess the performance of these estimation methods in terms of accuracy and precision. To demonstrate its practical applicability, the proposed distribution is fitted to two hydrological datasets. The results show that the WHIE distribution provides a flexible and competitive fit compared to existing models. The findings suggest that the WHIE distribution is a useful alternative for modeling positive continuous data that exhibit diverse structural characteristics.
Date: 2026
References: Add references at CitEc
Citations:
Downloads: (external link)
http://downloads.hindawi.com/journals/ijmms/2026/2670550.pdf (application/pdf)
http://downloads.hindawi.com/journals/ijmms/2026/2670550.xml (application/xml)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hin:jijmms:2670550
DOI: 10.1155/ijmm/2670550
Access Statistics for this article
More articles in International Journal of Mathematics and Mathematical Sciences from Hindawi
Bibliographic data for series maintained by Mohamed Abdelhakeem ().