Abstract:
A new generalized Dagum distribution called the Dagum power series distri butions is introduced and studied. This distribution is obtained by compounding
Dagum and other power series distributions. The structural properties of the new
distributions are discussed, including explicit algebraic formulas for its survival
and hazard functions, quantile function, moments, moment generating function,
conditional moments, mean and median deviations, Bonferroni and Lorenz curves,
distribution of order statistics and Renyi entropy. Method of maximum likelihood
is used for estimating the model parameters. A real data set is used to illustrate
the usefulness, applicability, importance and flexibility of the new distribution.
Galetlhakanelwe, M (2024). Dagum power series distributions: theory and applications. Afribary. Retrieved from https://tracking.afribary.com/works/dagum-power-series-distributions-theory-and-applications
Galetlhakanelwe, Motsewabagale "Dagum power series distributions: theory and applications" Afribary. Afribary, 30 Mar. 2024, https://tracking.afribary.com/works/dagum-power-series-distributions-theory-and-applications. Accessed 12 Nov. 2024.
Galetlhakanelwe, Motsewabagale . "Dagum power series distributions: theory and applications". Afribary, Afribary, 30 Mar. 2024. Web. 12 Nov. 2024. < https://tracking.afribary.com/works/dagum-power-series-distributions-theory-and-applications >.
Galetlhakanelwe, Motsewabagale . "Dagum power series distributions: theory and applications" Afribary (2024). Accessed November 12, 2024. https://tracking.afribary.com/works/dagum-power-series-distributions-theory-and-applications