A New Heavy-Tailed Exponential Distribution: Inference, Regression Model and Applications

Afify, Ahmed Z.; Pescim, Rodrigo R.; Cordeiro, Gauss M.; Hisham Abdeltawab Mahran;

Abstract


A new weighted exponentiated-exponential distribution is defined to model financial data. It has heavy-tailed behavior that is suitable for data with the right tails. Some actuarial measures for the new model are determined, and simulations are reported. Its parameters are estimated using eight approaches. A new Log-weighted exponentiatedexponential regression model is constructed for right censored data. The importance of the new models is proved through applications to financial data.


Other data

Title A New Heavy-Tailed Exponential Distribution: Inference, Regression Model and Applications
Authors Afify, Ahmed Z.; Pescim, Rodrigo R.; Cordeiro, Gauss M.; Hisham Abdeltawab Mahran 
Keywords Actuarial measures | Censored data | Heavy-tailed distributions | Regression model
Issue Date 1-Jan-2023
Journal Pakistan Journal of Statistics and Operation Research 
ISSN 18162711
DOI 10.18187/pjsor.v19i3.4230
Scopus ID 2-s2.0-85172378525

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