A Novel Model for Quantitative Risk Assessment under Claim-Size Data with Bimodal and Symmetric Data Modeling
A novel flexible extension of the Chen distribution is defined and studied in this paper. Relevant statistical properties of the novel model are derived. For the actuarial risk analysis and evaluation, the maximum likelihood, weighted least squares, ordinary least squares, Cramer–von Mises, moments,...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2023-03-01
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| Series: | Mathematics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7390/11/6/1284 |