Generalized inverse Lindley distribution with application to Danish fire insurance data
A. Asgharzadeh,
S. Nadarajah and
F. Sharafi
Communications in Statistics - Theory and Methods, 2017, vol. 46, issue 10, 5001-5021
Abstract:
The Danish fire insurance data have recently been modeled by composite distributions, i.e., distributions made up by piecing together two or more distributions. Here, we introduce a new non composite distribution that performs well with respect to the Danish fire insurance data. It fits better than almost all of the commonly known heavy-tailed distributions and some of the composite distributions.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:taf:lstaxx:v:46:y:2017:i:10:p:5001-5021
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DOI: 10.1080/03610926.2015.1096394
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