A New 3-Parameter Bounded Beta Distribution: Properties, Estimation, and Applications
This study presents a new three-parameter beta distribution defined on the unit interval, which can have increasing, decreasing, left-skewed, right-skewed, approximately symmetric, bathtub, and upside-down bathtub shaped densities, and increasing, U, and bathtub shaped hazard rates. This model can d...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2022-09-01
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| Series: | Axioms |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2075-1680/11/10/504 |