article · AIMS Mathematics
<abstract><p>The intertwining relationship between sustainability and discrete probability distributions found its significance in decision-making processes and risk assessment frameworks. Count data modeling and its practical applications have gained attention in numerous research studies. This investigation focused on a particular discrete distribution characterized by a single parameter obtained through the survival discretization method. Statistical attributes of this distribution were accurately explicated using generalized hypergeometric functions. The unveiled characteristics highlighted its suitability for analyzing data displaying "right-skewed" asymmetry and possessing extended "heavy" tails. Its failure rate function effectively addressed scenarios marked by a consistent decrease in rates. Furthermore, it proved to be a valuable tool for probabilistic modeling of over-dispersed data. The study introduced various estimation methods such as maximum product of spacings, Anderson-Darling, right-tail Anderson-Darling, maximum likelihood, least-squares, weighted least-squares, percentile, and Cramer-Von-Mises, offering comprehensive explanations. A ranking simulation study was conducted to evaluate the performance of these estimators, employing ranking techniques to identify the most effective estimator across different sample sizes. Finally, real-world sustainability engineering and medical datasets were analyzed to demonstrate the significance and application of the newly introduced model.</p></abstract>
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DOI: 10.3934/math.2024458
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