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Perfect Hemisphere Trend Realization: A Combinatorial Modification of Probability Distributions.
Publication Date: 2024-11-11
Volume/Issue: Volume 7, Issue 4 (2024)
Page No: 153 - 161
Journal: African Journal of Mathematics and Statistics Studies
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Abstract:
The paper reviews creative ways to developing continuous probability models playing around integration method and the concept of normalization. It further projects a probability distribution realized by combining two symmetric probability models that differ in shape, to produce a perfect hemisphere or half-sun trend. Normal and arcsine distributions are the root distributions used for this development. At some values of the parameter, the distribution can be right skewed; where other moments and related measures, and estimation are studied as its properties, alongside simulation.
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