This numerical study aims to interpret the impact of non-linear thermal radiation on magnetohydrodynamic (MHD) Darcy-Forchheimer Casson-Water/Glycerine nanofluid flow due to a rotating disk. Both the single walled, as well as multi walled, Carbon nanotubes (CNT) are invoked. The nanomaterial, thus formulated, is assumed to be more conductive as compared to the simple fluid. The properties of effective carbon nanotubes are specified to tackle the onward governing equations. The boundary layer formulations are considered. The base fluid is assumed to be non-Newtonian. The numerical analysis is carried out by invoking the numerical Runge Kutta 45 (RK45) method based on the shooting technique. The outcomes have been plotted graphically for the three major profiles, namely, the radial velocity profile, the tangential velocity profile, and temperature profile. For skin friction and Nusselt number, the numerical data are plotted graphically. Major outcomes indicate that the enhanced Forchheimer number results in a decline in radial velocity. Higher the porosity parameter, the stronger the resistance offered by the medium to the fluid flow and consequent result is seen as a decline in velocity. The Forchheimer number, permeability parameter, and porosity parameter decrease the tangential velocity field. The convective boundary results in enhancement of temperature facing the disk surface as compared to the ambient part. Skin-friction for larger values of Forchheimer number is found to be increasing. Sufficient literature is provided in the introduction part of the manuscript to justify the novelty of the present work. The research greatly impacts in industrial applications of the nanofluids, especially in geophysical and geothermal systems, storage devices, aerospace engineering, and many others.
Actuaries are interested in modeling actuarial data using loss models that can be adopted to describe risk exposure. This paper introduces a new flexible extension of the log-logistic distribution, called the extended log-logistic (Ex-LL) distribution, to model heavy-tailed insurance losses data. The Ex-LL hazard function exhibits an upside-down bathtub shape, an increasing shape, a J shape, a decreasing shape, and a reversed-J shape. We derived five important risk measures based on the Ex-LL distribution. The Ex-LL parameters were estimated using different estimation methods, and their performances were assessed using simulation results. Finally, the performance of the Ex-LL distribution was explored using two types of real data from the engineering and insurance sciences. The analyzed data illustrated that the Ex-LL distribution provided an adequate fit compared to other competing distributions such as the log-logistic, alpha-power log-logistic, transmuted log-logistic, generalized log-logistic, Marshall–Olkin log-logistic, inverse log-logistic, and Weibull generalized log-logistic distributions.
This article introduces a two-parameter flexible extension of the Burr-Hatke distribution using the inverse-power transformation. The failure rate of the new distribution can be an increasing shape, a decreasing shape, or an upside-down bathtub shape. Some of its mathematical properties are calculated. Ten estimation methods, including classical and Bayesian techniques, are discussed to estimate the model parameters. The Bayes estimators for the unknown parameters, based on the squared error, general entropy, and linear exponential loss functions, are provided. The ranking and behavior of these methods are assessed by simulation results with their partial and overall ranks. Finally, the flexibility of the proposed distribution is illustrated empirically using two real-life datasets. The analyzed data shows that the introduced distribution provides a superior fit than some important competing distributions such as the Weibull, Fréchet, gamma, exponential, inverse log-logistic, inverse weighted Lindley, inverse Pareto, inverse Nakagami-M, and Burr-Hatke distributions.
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