On the bimodal Gumbel model with application to environmental data

06/19/2021
by   Cira E. G. Otiniano, et al.
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The Gumbel model is a very popular statistical model due to its wide applicability for instance in the course of certain survival, environmental, financial or reliability studies. In this work, we have introduced a bimodal generalization of the Gumbel distribution that can be an alternative to model bimodal data. We derive the analytical shapes of the corresponding probability density function and the hazard rate function and provide graphical illustrations. Furthermore, We have discussed the properties of this density such as mode, bimodality, moment generating function and moments. Our results were verified using the Markov chain Monte Carlo simulation method. The maximum likelihood method is used for parameters estimation. Finally, we also carry out an application to real data that demonstrates the usefulness of the proposed distribution.

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