An Extension of the Fréchet Distribution and Applications

Gomez, Yolanda M.; Barranco-Chamorro, Inmaculada; Castillo, Jaime S.; Gomez, Hector W.

Abstract

This paper presents the Slash-Exponential-Fr & eacute;chet distribution, which is an expanded version of the Fr & eacute;chet distribution. Through its stochastic representation, probability distribution function, moments and other relevant features are obtained. Evidence supports that the updated model displays a lighter right tail than the Fr & eacute;chet model and is more flexible as for skewness and kurtosis. Results on maximum likelihood estimators are given. Our proposition's applicability is demonstrated through a simulation study and the evaluation of two real-world datasets.

Más información

Título según WOS: An Extension of the Fréchet Distribution and Applications
Título de la Revista: Axioms
Volumen: 13
Fecha de publicación: 2024
DOI:

10.3390/AXIOMS13040253

Notas: ISI