On the development of new cosine-based probabilistic methods with applications to univariate and bivariate analyses...

So far in the literature, a number of probability distributions have been successfully implemented for analyzing the wind speed and energy data sets. However, there is no published work on modeling and analyzing the wind speed and energy data sets with probability distributions that are introduced using trigonometric functions. In the existing literature, there is also a lack of studies on implementing the bivariate trigonometric-based probability distributions for modeling the wind speed and energy data sets. In this paper, we take up a meaningful effort to cover these interesting research gaps. Thus, we first incorporate a cosine function and introduce a new univariate probability distributional method, namely, a univariate modified cosine-G (UMC-G) family. Using the UMC-G method, a new probability distribution called a univariate modified cosine-Weibull (UMC-Weibull) distribution is studied. We apply the UMC-Weibull distribution for analyzing the wind energy data set taken from the weather station at Sotavento Galicia, Spain. Furthermore, we also introduce a bivariate version of the UMC-G method using the Farlie-Gumble-Morgenstern copula approach. The proposed bivariate distributional method is called a bivariate modified cosine-G (BMC-G) family. A special member of the BMC-G distributions called a bivariate modified cosine-Weibull (BMC-Weibull) distribution is introduced. We apply the BMC-Weibull distribution for analyzing the bivariate data set representing the wind speed and energy taken from the weather station at Sotavento Galicia. Using different statistical tools, we observe that the UMC-Weibull and BMC-Weibull are the best-suited models for analyzing the wind speed and energy data sets.