Abstract

In this paper, a new class of weighted Dagum and related distributions is proposed. Probability weighted moments of Dagum distribution and the resulting weighted distributions are presented. This class of distributions contains several weighted Dagum distributions such as length-biased Dagum, proportional hazard moment Dagum, proportional reverse hazard moment Dagum and Dagum distributions as special cases. Entropy and Fisher information of the weighted Dagum distribution are derived. We estimates the model parameters via the maximum likelihood estimation procedure. Examples and comparison of this model with the weighted generalized gamma, generalized gamma and generalized Lindley distributions are presented.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.