A New Generalized Cauchy Distribution with an Application to Annual One Day Maximum Rainfall Data
AbstractIn this article, we introduce a new three-parameter transmuted Cauchy distribution usingthe quadratic rank transmutation map approach. Some mathematical properties of the pro-posed model are discussed. A simulation study is conducted using the method of maximumlikelihood estimation to estimate the parameters of the proposed model. We used two real datasets and compare various statistics to show the fitting and versatility of the model.
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