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https://repositorio.ufrn.br/handle/123456789/49698
Title: | A new Pareto-type distribution with applications in reliability and income data |
Authors: | Bourguignon, Marcelo Saulo, Helton Fernandez, Rodrigo Nobre |
Keywords: | Pareto distribution;Income distribution;Maximum likelihood estimation;Gini coefficient;Reliability |
Issue Date: | Apr-2016 |
Publisher: | Physica A |
Citation: | BOURGUIGNON, Marcelo S.; SAULO, Helton; FERNANDEZ, Rodrigo N. A new Pareto-type distribution with applications in reliability and income data. Physica A, v. 457, p. 166-175, 2016. Disponível em: http://www.sciencedirect.com/science/article/pii/S0378437116300413?via%3Dihub. Acesso em: 07 dez. 2017 |
Portuguese Abstract: | A new Pareto-type distribution is introduced and studied. This new model is a generalization of the well-known Pareto distribution. We derive some of its probabilistic and inferential properties. We deduce the mathematical form of the Lorenz curve and the Gini index associated with the new model. The maximum likelihood estimators are derived and their performance are evaluated through a Monte Carlo simulation study. Finally, we illustrate the flexibility of the new distribution by means of three applications to real data sets. |
URI: | https://repositorio.ufrn.br/handle/123456789/49698 |
Appears in Collections: | CCET - DEST - Artigos publicados em periódicos |
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