Document Type

Thesis

Degree

Master of Science (MS)

Major/Program

Statistics

First Advisor's Name

B.M.Golam Kibria

First Advisor's Committee Title

Committee Chair

Second Advisor's Name

Florence George

Second Advisor's Committee Title

Co-Committee Chair

Third Advisor's Name

Sneh Gulati

Third Advisor's Committee Title

Committee member

Keywords

Right-skewed probability, Rmax, IMR

Date of Defense

6-16-2023

Abstract

Probability theory includes various continuous probability distributions. Depending on their properties and characteristics, some distributions fit data better. The process of identifying a suitable distribution involves the assessment of multiple distributions. This research reviews some continuous right-skewed probability distributions to real-world data including U.S. infant mortality from 1950-2023, Florida's unemployment rate from 1992 2021, and the radius of maximum wind from 1908-2021. Twelve continuous probability distributions were evaluated: Normal, Exponential, Gamma, Log-normal, Gompertz, Gumbel, Chi-squared, Generalized extreme value, Weibull, Pareto, Rayleigh, and Lomax. The maximum likelihood method (MLE) was used to estimate the distribution's parameters. In addition, a graphical technique was utilized to visually assess a fitted distribution. The results showed that the Generalized Extreme Value distribution and the Gamma distribution are the best-fitted probability distributions for Florida's unemployment rate and the radius of maximum wind, respectively, while the Pareto distribution is the best-fitted probability distribution for the U.S. infant mortality rate.

Identifier

FIDC011151

Share

COinS
 

Rights Statement

Rights Statement

In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/
This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).