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Properties and Dynamics of the Beta Gompertz Generalized Makeham Distribution

Panagiotis Andreopoulos (), Alexandra Tragaki (), George Antonopoulos () and Fragkiskos G. Bersimis ()
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Panagiotis Andreopoulos: Harokopio University, Department of Geography
Alexandra Tragaki: Harokopio University, Department of Geography
George Antonopoulos: MSc: Statistics and Operational Research
Fragkiskos G. Bersimis: Harokopio University, Department of Informatics and Telematics

Chapter Chapter 18 in Demography of Population Health, Aging and Health Expenditures, 2020, pp 275-288 from Springer

Abstract: Abstract Beta distribution has been widely used in many scientific areas. It is applied very often and is known as a probability distribution with wide application in the management of various kinds of problems, such as in survival analysis. In recent years, development has focused on new probabilistic techniques for building new distributions, (e.g., Jones’ Generalized Beta Distribution, 2004). This study will investigate the statistical properties of the proposed distribution using six parameters; this is called the Beta Gompertz Generalized Makeham distribution. It includes verifying the probability density function, the cumulative density function, and the hazard function.

Keywords: Gompertz and Makeham functions; Beta distribution; Generated beta distribution; BGGM distribution; Mortality dynamics (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ssdmcp:978-3-030-44695-6_18

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DOI: 10.1007/978-3-030-44695-6_18

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