The Kumaraswamy transmuted Pareto distribution

The Kumaraswamy transmuted Pareto distribution In this work, a new five-parameter Kumaraswamy transmuted Pareto (KwTP) distribution is introduced and studied. We discuss various mathematical and statistical properties of the distribution including obtaining expressions for the moments, quantiles, mean deviations, skewness, kurtosis, reliability and order statistics. The estimation of the model parameters is performed by the method of maximum likelihood. We compare the distribution with few other distributions to show its versatility in modeling data with heavy tail. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Statistical Distributions and Applications Springer Journals

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Publisher
Springer Berlin Heidelberg
Copyright
Copyright © 2017 by The Author(s)
Subject
Statistics; Statistical Theory and Methods; Statistics and Computing/Statistics Programs; Science, Humanities and Social Sciences, multidisciplinary
eISSN
2195-5832
D.O.I.
10.1186/s40488-017-0065-4
Publisher site
See Article on Publisher Site

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