EconPapers    
Economics at your fingertips  
 

On the Inverse Power Gompertz Distribution

Dina H. Abdelhady and Yasser M. Amer ()
Additional contact information
Dina H. Abdelhady: Tanta University
Yasser M. Amer: Cairo Higher Institutes in Mokattam

Annals of Data Science, 2021, vol. 8, issue 3, No 2, 473 pages

Abstract: Abstract In this article, we introduce inverse Power Gompertz distribution with three parameters. Some statistical properties are presented such as hazard rate function, quartile, probability weighted (moments), skewness, kurtosis, entropies function, Bonferroni and Lorenz curves and order statistics. The model parameters are estimated by the method of maximum likelihood, least squares, weighted least squares and Cramérvon Mises. Further, Monte Carlo simulations are carried out to compare between all methods. Finally, the extended model is applied on a real data and the results are given and compared to other models.

Keywords: Gompertz distribution; Inverse Gompertz distribution; Hazard rate function; Estimation methods (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s40745-020-00246-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:aodasc:v:8:y:2021:i:3:d:10.1007_s40745-020-00246-4

Ordering information: This journal article can be ordered from
https://www.springer ... gement/journal/40745

DOI: 10.1007/s40745-020-00246-4

Access Statistics for this article

Annals of Data Science is currently edited by Yong Shi

More articles in Annals of Data Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-20
Handle: RePEc:spr:aodasc:v:8:y:2021:i:3:d:10.1007_s40745-020-00246-4