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300231

A New Extended Alpha-power Transformation of Burr-Generalized Gamma with an Application to Income

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Last updated: 25 Dec 2024

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Abstract

This paper presents a new generalization of the Alpha-Power Transformation (APT) to obtain a new class of probability distributions, which is particularly beneficial for analyzing of lifetime data. A special sub-model of the proposed family is introduced and discussed. The parameters of the model are estimated using maximum-likelihood estimation. In this regard, simulation studies are performed to investigate the properties of the estimators for the parameters. To include, the application of the model is demonstrated using the real data set

DOI

10.21608/caf.2023.300231

Keywords

Alpha power transformation, Bur XII distribution, new extended alpha power transformation, Gini coefficient

Authors

First Name

Mona Mohamed

Last Name

abdel-zaher

MiddleName

-

Affiliation

1Department of Statistics, Faculty of Commerce, AL-Azhar University, (Girls' Branch), Cairo, Egypt

Email

muna_abdalzaher@hotmail.com

City

-

Orcid

-

First Name

Mahmoud Riad

Last Name

Mahmoud

MiddleName

-

Affiliation

Faculty of Graduate Studies for Statistical Research, Cairo University.

Email

mrmahmoud@cu.edu.eg

City

-

Orcid

-

First Name

Eman Mohamed

Last Name

Sewilam

MiddleName

-

Affiliation

Faculty of Commerce, AL-Azhar University, (Girls’ Branch).

Email

swilam00@gmail.com

City

-

Orcid

-

First Name

Rasha Mohamed

Last Name

Mandouh

MiddleName

-

Affiliation

Faculty of Graduate Studies for Statistical Research, Cairo University

Email

rshmndoh@cu.edu.eg

City

-

Orcid

-

Volume

43

Article Issue

2

Related Issue

42124

Issue Date

2023-06-01

Receive Date

2022-12-24

Publish Date

2023-06-01

Page Start

179

Page End

198

Print ISSN

1110-4716

Online ISSN

2682-4825

Article File

CAF_Volume 43_Issue 2_Pages 179-198.pdf

PDF . 1.6MB

Link

https://caf.journals.ekb.eg/article_300231.html

Detail API

https://caf.journals.ekb.eg/service?article_code=300231

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Journal

Publication Title

التجارة والتمويل

Publication Link

https://caf.journals.ekb.eg/

MainTitle

A New Extended Alpha-power Transformation of Burr-Generalized Gamma with an Application to Income

Details

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Article

Created At

25 Dec 2024