A family of bivariate Pareto distributions
Pareto distributions have been extensively used in literature for modelling and analysis of income and lifetime data. In the present paper, we introduce a family of bivariate Pareto distributions using a generalized version of dullness property. Some important bivariate Pareto distributions are deri...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Bologna
2014-06-01
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| Series: | Statistica |
| Subjects: | |
| Online Access: | http://rivista-statistica.unibo.it/article/view/5001 |
| _version_ | 1818254451182403584 |
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| author | P. G. Sankaran N. Unnikrishnan Nair Preethi John |
| author_facet | P. G. Sankaran N. Unnikrishnan Nair Preethi John |
| author_sort | P. G. Sankaran |
| collection | DOAJ |
| description | Pareto distributions have been extensively used in literature for modelling and analysis of income and lifetime data. In the present paper, we introduce a family of bivariate Pareto distributions using a generalized version of dullness property. Some important bivariate Pareto distributions are derived as special cases. Distributional properties of the family are studied. The dependency structure of the family is investigated. Finally, the family of distributions is applied to two real life data situation |
| first_indexed | 2024-12-12T16:56:10Z |
| format | Article |
| id | doaj.art-4b259bff3616465e888c2734654d2e32 |
| institution | Directory Open Access Journal |
| issn | 0390-590X 1973-2201 |
| language | English |
| last_indexed | 2024-12-12T16:56:10Z |
| publishDate | 2014-06-01 |
| publisher | University of Bologna |
| record_format | Article |
| series | Statistica |
| spelling | doaj.art-4b259bff3616465e888c2734654d2e322022-12-22T00:18:13ZengUniversity of BolognaStatistica0390-590X1973-22012014-06-0174219721110.6092/issn.1973-2201/50014591A family of bivariate Pareto distributionsP. G. Sankaran0N. Unnikrishnan Nair1Preethi John2Cochin University of Science and TechnologyCochin University of Science and TechnologyCochin University of Science and TechnologyPareto distributions have been extensively used in literature for modelling and analysis of income and lifetime data. In the present paper, we introduce a family of bivariate Pareto distributions using a generalized version of dullness property. Some important bivariate Pareto distributions are derived as special cases. Distributional properties of the family are studied. The dependency structure of the family is investigated. Finally, the family of distributions is applied to two real life data situationhttp://rivista-statistica.unibo.it/article/view/5001bivariate Pareto distributioncorrelation coefficientassociation measuresdullness property |
| spellingShingle | P. G. Sankaran N. Unnikrishnan Nair Preethi John A family of bivariate Pareto distributions Statistica bivariate Pareto distribution correlation coefficient association measures dullness property |
| title | A family of bivariate Pareto distributions |
| title_full | A family of bivariate Pareto distributions |
| title_fullStr | A family of bivariate Pareto distributions |
| title_full_unstemmed | A family of bivariate Pareto distributions |
| title_short | A family of bivariate Pareto distributions |
| title_sort | family of bivariate pareto distributions |
| topic | bivariate Pareto distribution correlation coefficient association measures dullness property |
| url | http://rivista-statistica.unibo.it/article/view/5001 |
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