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This newly introduced model, termed the modified alpha power-transformed Burr XII distribution, exhibits the unique ability to effectively model decreasing, right-skewed, or unimodal densities. The paper systematically elucidates various statistical properties of the proposed distribution. The estimation of parameters was obtained using maximum likelihood estimation. The estimator has been evaluated for consistency through simulation studies. To gauge the practical applicability of the proposed distribution, two distinct datasets have been employed. Comparative analyses involving six alternative distributions unequivocally demonstrate that the modified alpha power-transformed Burr XII distribution provides a better fit. Additionally, a noteworthy extension is introduced in the form of a location-scale regression model known as the log-modified alpha power-transformed Burr XII model. This model is subsequently applied to a dataset related to stock market liquidity. The findings underscore the enhanced fitting capabilities of the proposed model in comparison to existing distributions, providing valuable insights for applications in financial modelling and analysis.<\/jats:p>","DOI":"10.1155\/2024\/4098771","type":"journal-article","created":{"date-parts":[[2024,2,9]],"date-time":"2024-02-09T23:35:08Z","timestamp":1707521708000},"page":"1-14","source":"Crossref","is-referenced-by-count":1,"title":["New Weighted Burr XII Distribution: Statistical Properties, Applications, and Regression"],"prefix":"10.1155","volume":"2024","author":[{"ORCID":"http:\/\/orcid.org\/0000-0002-9399-8839","authenticated-orcid":true,"given":"Abdulzeid Yen","family":"Anafo","sequence":"first","affiliation":[{"name":"Department of Mathematical Sciences, Faculty of Computing and Mathematical Sciences, University of Mines and Technology, Tarkwa, Ghana"}]},{"ORCID":"http:\/\/orcid.org\/0000-0001-6137-4717","authenticated-orcid":true,"given":"Selasi Kwaku","family":"Ocloo","sequence":"additional","affiliation":[{"name":"Department of Mathematical Sciences, Faculty of Computing and Mathematical Sciences, University of Mines and Technology, Tarkwa, Ghana"}]},{"ORCID":"http:\/\/orcid.org\/0000-0001-6652-4251","authenticated-orcid":true,"given":"Suleman","family":"Nasiru","sequence":"additional","affiliation":[{"name":"Department of Statistics and Actuarial Science, School of Mathematical Sciences, C.K. 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