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A New Triangular Probability Model: A Combinatorial Modification of Probability Distributions.
Publication Date: 2025-04-27
Volume/Issue: Volume 8, Issue 2 (2025)
Page No: 40 - 47
Journal: African Journal of Mathematics and Statistics Studies
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Abstract:
The paper projects innovating means to probability modeling using integration method and the concept of normalization. It brings to light a probability distribution obtained by combining a probability density function of a distribution and a cumulative distribution function of another continuous probability model, to produce a triangular trend and a half bell-curve trend. Gumbel and exponential distributions are the root-distributions used for this development. The properties of the distribution include moments and related measures, and estimation, studied alongside simulation.
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