Ishfaq S. Ahmad, M. Y. Bhat, P. B. Ahmad, J. Dar, S. Pinelas
{"title":"Bounded Inverse-Slashed Pareto Model: Structural Properties and Real-Life Applications","authors":"Ishfaq S. Ahmad, M. Y. Bhat, P. B. Ahmad, J. Dar, S. Pinelas","doi":"10.31197/atnaa.1325508","DOIUrl":null,"url":null,"abstract":"A novel probability model with bounded support is introduced. The formulation of this new probability model is based on inverting the Slashed Pareto distribution. This new distribution has the merit of being very simple and not involving any complex mathematical function in its construction. Some interesting properties like moments, skewness and kurtosis, unimodality, L-Moments, L-skewness and L-kurtosis would be explored in detail. Various Survival properties including survival function, hazard rate function and mean residual life(MRL) like have been given. For estimating the parameters contained in the new model, methods like Method of Moments (MOM) and Maximum Likelihood Estimation (MLE) have been used.","PeriodicalId":7440,"journal":{"name":"Advances in the Theory of Nonlinear Analysis and its Application","volume":"139 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Advances in the Theory of Nonlinear Analysis and its Application","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.31197/atnaa.1325508","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
A novel probability model with bounded support is introduced. The formulation of this new probability model is based on inverting the Slashed Pareto distribution. This new distribution has the merit of being very simple and not involving any complex mathematical function in its construction. Some interesting properties like moments, skewness and kurtosis, unimodality, L-Moments, L-skewness and L-kurtosis would be explored in detail. Various Survival properties including survival function, hazard rate function and mean residual life(MRL) like have been given. For estimating the parameters contained in the new model, methods like Method of Moments (MOM) and Maximum Likelihood Estimation (MLE) have been used.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
