1887

n South African Statistical Journal - New results from a beta-Pareto class

Volume 51 Number 2
  • ISSN : 0038-271X

Abstract

In this paper, we propose new results on a beta-Pareto class. This extension evolved by using newly proposed class of beta distributions as generator distributions (F (x)) within the generator-parent approach: H (x) = F (G(x)) with G(x) the Pareto distribution as the parent distribution. Fundamental properties are studied, including moments and Rényi entropy. We illustrate the added value to the literature with a numerical example using hydrology data, indicating that this newly proposed class is a valid candidate to consider in modelling within the hydrology arena.

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/content/journal/10520/EJC-bd096a5eb
2017-12-01
2019-10-21

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