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The Novel Bivariate Distribution: Statistical Properties and Real Data Applications

Author

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  • B. I. Mohammed
  • Abdulaziz S. Alghamdi
  • Hassan M. Aljohani
  • Md. Moyazzem Hossain

Abstract

This article proposes a novel class of bivariate distributions that are completely defined by stating their conditionals as Poisson exponential distributions. Numerous statistical properties of this distribution are also examined here, including the conditional probability mass function (PMF) and moments of the new class. The techniques of maximum likelihood and pseudolikelihood are used to estimate the model parameters. Additionally, the effectiveness of the bivariate Poisson exponential conditional (BPEC) distribution is compared to that of the bivariate Poisson conditional (BPC), the bivariate Poisson (BP), the bivariate Poisson–Lindley (BPL), and the bivariate negative binomial (BNB) distributions using a real-world dataset. The findings of Akaike information criterion (AIC) and Bayesian information criterion (BIC) reveal that the BPEC distribution performs better than the other distributions considered in this study. As a result, the authors claim that this distribution may be used to fit dependent and overspread count data.

Suggested Citation

  • B. I. Mohammed & Abdulaziz S. Alghamdi & Hassan M. Aljohani & Md. Moyazzem Hossain, 2021. "The Novel Bivariate Distribution: Statistical Properties and Real Data Applications," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-8, December.
    • Handle: RePEc:hin:jnlmpe:2756779
    DOI: 10.1155/2021/2756779
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