407242

A study on Some Forms of Pareto Distributions

Article

Last updated: 01 Feb 2025

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Abstract

Several statistical aspects of the APTGP distribution are dissected in this article. These aspects include moments, the arithmetic mean, the moment generating function, the quantile function, reliability, and the hazard function. In addition, the primary objective of this section will be to compare and contrast the suggested distribution with a number of distinct iterations of the Pareto distribution. These variants of the Pareto distribution include the Pareto distribution, the alpha-power Pareto distribution, and the generalized Pareto distribution. One actual dataset has been taken into consideration so that the effectiveness of the suggested distribution may be evaluated. In addition, the utility of the recommended distribution has been assessed and compared to other iterations of the Pareto distribution in order to determine which version is most advantageous. The comparison was made, and as a direct result of doing so, it is now plainly clear that the distribution that is currently being offered is more adaptable than the distributions that were previously provided.

DOI

10.21608/bfszu.2024.241588.1323

Keywords

α-Power Transformation Method, alpha-power Pareto, Generalized Pareto, Moments

Authors

First Name

Rabeea

Last Name

Meftah

MiddleName

Faraj

Affiliation

Mathematics Department, Faculty of Science, Zagazig University, Zagazig, Egypt.

Email

xfgh949@gmail.com

City

-

Orcid

-

First Name

Salma

Last Name

Bleed

MiddleName

Omar

Affiliation

College of Science, Statistics Department, Al-asmarya University, Libya

Email

s.ali@asmary.edu.ly

City

-

Orcid

-

Volume

2024

Article Issue

4

Related Issue

53336

Issue Date

2025-01-01

Receive Date

2023-10-09

Publish Date

2025-01-01

Page Start

12

Page End

18

Print ISSN

1110-1555

Online ISSN

3062-5416

Link

https://bfszu.journals.ekb.eg/article_407242.html

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http://journals.ekb.eg?_action=service&article_code=407242

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2

Type

Original Article

Type Code

838

Publication Type

Journal

Publication Title

Bulletin of Faculty of Science, Zagazig University

Publication Link

https://bfszu.journals.ekb.eg/

MainTitle

A study on Some Forms of Pareto Distributions

Details

Type

Article

Created At

01 Feb 2025