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The Mc-Dagum Distribution And Its Statistical Properties With Applications, Broderick O. Oluyede, Sasith Rajasooriya
The Mc-Dagum Distribution And Its Statistical Properties With Applications, Broderick O. Oluyede, Sasith Rajasooriya
Department of Mathematical Sciences Faculty Publications
In this paper, a new class of distributions called Mc-Dagum distribution is proposed. This class of distributions contains several distributions such as beta-Dagum, beta-Burr III, beta-Fisk, Dagum, Burr III and Fisk distributions as special cases. The hazard function, reverse hazard function, moments, mean residual life function, Renyi entropy and Fisher information are obtained. Lorenz, Bonferroni and Zenga curves are derived. Maximum likelihood estimates of the model parameters and numerical examples are given to illustrate the usefulness of the proposed class of distributions.