Artikel
Weighted generalized beta distribution of the second kind and related distributions
In this paper, a new class of weighted generalized beta distribution of the second kind (WGB2) is presented. The construction makes use of the conservability approach which includes the size or length-biased distribution as a special case. The class of WGB2 is used as descriptive models for the distribution of income. The results that are presented generalizes the generalized beta distribution of second kind (GB2). The properties of these distributions including behavior of hazard functions, moments, variance, coefficients of variation, skewness and kurtosis are obtained. The moments of other weighted distributions that are related to WGB2 are obtained. Other important properties including entropy (generalized and beta) which are measures of the uncertainty in this class of distributions are derived and studied.
- Sprache
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Englisch
- Erschienen in
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Journal: Journal of Statistical and Econometric Methods ; ISSN: 2241-0376 ; Volume: 1 ; Year: 2012 ; Issue: 1 ; Pages: 13-31 ; International Scientific Press
- Klassifikation
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Wirtschaft
- Thema
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GB2
WGB2
moments
generalized entropy
beta entropy
- Ereignis
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Geistige Schöpfung
- (wer)
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Ye, Yuan
Oluyede, Broderick O.
Pararai, Mavis
- Ereignis
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Veröffentlichung
- (wann)
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2012
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Ye, Yuan
- Oluyede, Broderick O.
- Pararai, Mavis
Entstanden
- 2012