Modeling Extreme Values with Alpha Power Inverse Pareto Distribution
The study focuses on the development of a new probability distribution with applications to extreme values. The distribution is proposed by incorporating an additional parameter into the inverse Pareto distribution using the α-Power Transformation. Various properties of the new distribution are deri...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2023
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |