International Journal of Neutrosophic Science
  IJNS
  2690-6805
  2692-6148
  
   10.54216/IJNS
   https://www.americaspg.com/journals/show/4001
  
 
 
  
   2020
  
  
   2020
  
 
 
  
   Modeling Extreme Industrial Events under Indeterminacy Using Neutrosophic Fréchet Distribution
  
  
   Department of Mathematics, College of Science and Humanities in Al-Kharj, Prince Sattam Bin Abdulaziz University, Al-Kharj, 11942, Saudi Arabia
   
    Zahid
    Zahid
   
   Department of Quantitative Methods, Pannon Egyetem, Veszprem, H-8200, Hungary
   
    Zahid
    Khan
   
  
  
   This work presents a neutrosophic extension of the Fréchet distribution to enhance the modeling of extreme values under conditions of indeterminacy and uncertainty. While the classical Fréchet distribution is widely used in fields such as finance, hydrology, and environmental sciences to model extreme maximum values, it does not fully accommodate imprecise, vague, or conflicting data commonly encountered in real-world scenarios. By incorporating the principles of neutrosophic logic the proposed neutrosophic Fréchet distribution provides a more flexible and realistic approach to representing extreme phenomena. The paper introduces its theoretical formulation, outlines key statistical properties, and proposes an estimation method based on maximum likelihood. Through simulations and numerical illustrations, the robustness and applicability of the model are described, especially in contexts where data is incomplete, uncertain, or contradictory. A real industrial dataset is employed to illustrate the applicability of the proposed model.
  
  
   2026
  
  
   2026
  
  
   23
   32
  
  
   10.54216/IJNS.270203
   https://www.americaspg.com/articleinfo/21/show/4001