A Note on a Generalization of the Exponentiated Pareto Distribution

Elbatal Ibrahim () and Merovci Faton ()
Additional contact information
Elbatal Ibrahim: Institute of Statistical Studies and Research, Department of Mathematical Statistics, Cairo University, Egypt
Merovci Faton: Department of Mathematics, University of Prishtina “Hasan Prishtina”, Republic of Kosovo

Stochastics and Quality Control, 2014, vol. 29, issue 1, 77-87

Abstract: In this paper we introduce the so-called McDonald Exponentiated Pareto distribution. We provide a number of mathematical properties of this distribution and derive among others expressions for its moment-generating function, the rth moment, and the Renyi entropy. Finally, we present the likelihood equations to support the application of the McDonald Exponentiated Pareto distribution. The aim of the paper is to introduce an interesting distribution which is distinguished by high flexibility with respect to skewness and tail behavior.

Keywords: McDonald Exponentiated Pareto Distribution; Hazard Function; Moment-Generating Function; Maximum Likelihood Estimation; McDonald Exponentiated Pareto Distribution; Hazard Function; Moment-Generating Function; Maximum Likelihood Estimation (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/eqc-2014-0008 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:ecqcon:v:29:y:2014:i:1:p:11:n:8

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/eqc/html

DOI: 10.1515/eqc-2014-0008

Access Statistics for this article

Stochastics and Quality Control is currently edited by George P. Yanev

More articles in Stochastics and Quality Control from De Gruyter
Bibliographic data for series maintained by Peter Golla ().