Mohamed Sewalim El-sayed Hamed
Lecturer
An Improved Approach Based on a New Laplace Model Using Classical and Risk Measures
Mathematical and Computational Applications • 2026
Publication Information
Authors
Morad Alizadeh, Gauss M. Cordeiro Gauss M. Cordeiro, Jondeep Das, Partha Jyoti Hazarika, Javier E. Contreras-Reyes, Mohamed S. Hamed and Haitham M. Yousof.
Keywords
BMI measurements; economic risk; maximum likelihood; Laplace distribution; skewness; tail behavior
Journal
Mathematical and Computational Applications
Publisher
Multidisciplinary Digital Publishing Institute (MDPI)
Volume
31
Issue
1
Pages
1-18
publication.type
International
Paper Link
Open Link
Supplementary Materials
Not Available
Abstract
In this paper, we propose a generalized odd log-logistic standard Laplace model and study some of its main properties. The novelty of this model is based on classical and risk-based measures to effectively analyze the body mass index (BMI) data. The analysis underscores the importance of a multidisciplinary approach in addressing challenges related to health, performance, and risk management. The proposed methodology not only is helpful to understand the variability of BMI measurements, but also prove how common statistical models considered in financial field can be effectively adapted to other ones, offering insights that drive informed decision-making and strategic planning.
