The Uniform-Pareto Distribution and Eeponentiated Uniform-Pareto Distribution and Their Application in Income Data
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Abstract:
In this paper, a new distribution is introduced, which is a generalization of a well-known distribution. This distribution is flexible and applies to income data modeling. We first provide some of the mathematical and distributional properties of this new model and then, to demonstrate the flexibility the new distribution, we will present the applications of this distribution with real data. Data fitting results confirm the appropriateness of this new model for the real data set.
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Journal title
volume 23 issue 2
pages 1- 9
publication date 2019-03
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