Abstract

ABSTRACTWe introduce a new class of distributions called the Burr XII system of densities with two extra positive parameters. We provide a comprehensive treatment of some of its mathematical properties. We estimate the model parameters by maximum likelihood. We assess the performance of the maximum likelihood estimators in terms of biases and mean squared errors by means of a simulation study. We also introduce a new family of regression models based on this system of densities. The usefulness of the proposed models is illustrated by means of three real data sets.

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