Modified Weighted Pareto Distribution Type I (MWPDTI)

In this paper, the Azzallini’s method used to find a weighted distribution derived from the standard Pareto distribution of type I (SPDTI) by inserting the shape parameter (θ) resulting from the above method to cover the period (0, 1] which was neglected by the standard distribution. Thus, the propo...

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Bibliographic Details
Main Author: Mahmood A. Sahmran
Format: Article
Language:English
Published: University of Baghdad, College of Science for Women 2020-07-01
Series:مجلة بغداد للعلوم
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Online Access:http://bsj.uobaghdad.edu.iq/index.php/BSJ/article/view/3325
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Summary:In this paper, the Azzallini’s method used to find a weighted distribution derived from the standard Pareto distribution of type I (SPDTI) by inserting the shape parameter (θ) resulting from the above method to cover the period (0, 1] which was neglected by the standard distribution. Thus, the proposed distribution is a modification to the Pareto distribution of the first type, where the probability of the random variable lies within the period  The properties of the modified weighted Pareto distribution of the type I (MWPDTI) as the probability density function ,cumulative distribution function, Reliability function , Moment and  the hazard function are found. The behaviour of probability density function for MWPDTI distribution by representing the values of    This means, the probability density function of this distribution treats the period (0,1] which is ignore in SPDTI.
ISSN:2078-8665
2411-7986