International Journal of Neutrosophic Science
  IJNS
  2690-6805
  2692-6148
  
   10.54216/IJNS
   https://www.americaspg.com/journals/show/2231
  
 
 
  
   2020
  
  
   2020
  
 
 
  
   Neutrosophic Laplace Distribution with Properties and Applications in Decision Making
  
  
   Department of Business Administration, College of Sciences and the Human Sciences in Al Aflaj, Prince Sattam Bin Abdulaziz University, Al-Kharj, Saudi Arabia
   
    Ahmedia Musa M.
    Ibrahim
   
   Department of Quantitative Methods, Pannon Egyetem, Veszprem, H-8200, Hungary
   
    Zahid
    Khan
   
  
  
   This paper introduces the concept of the neutrosophic Laplace distribution (                    ), a probability distribution derived from the Laplace distribution. The    offers a versatile framework for describing various real-world problems. We highlight the neutrosophic extension of the Laplace distribution and explore its applications in different areas. Extensive investigations into the mathematical properties of the distribution are presented, including the derivation of its probability density function, mean, variance, raw moment, skewness, and kurtosis. To estimate the parameters of the  , we employ the method of maximum likelihood (ML) estimation within a neutrosophic environment. Furthermore, we conduct a simulation study to assess the effectiveness of the maximum likelihood approach in estimating the parameters of this new distribution. The findings demonstrate the potential of the    in modeling and analyzing real-world phenomena. Eventually, some illustrative examples related to system reliability are provided to clarify further the implementation of the neutrosophic probabilistic model in real-world problems.
  
  
   2024
  
  
   2024
  
  
   73
   84
  
  
   10.54216/IJNS.230106
   https://www.americaspg.com/articleinfo/21/show/2231