On Fitting of Generalized Pareto Distribution

Dr. T .A. Raja; T. A. Raja; A. H. Mir

On Fitting of Generalized Pareto Distribution

Dr. T .A. Raja *

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A. H. Mir

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On Fitting of Generalized Pareto Distribution

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Abstract

The Pareto distribution is to model the income data set of a society. The distribution is appropriate to the situations in which an equilibrium exists in distribution of small to large. There exists many generalization approaches to the distribution. In this paper an effort has been made to compare the applicability of generalized Pareto distribution with Picklands (1975) by using a real life income data set. The model has provided considerable a good fit to the data set. Some well known distributions has been derived as a special case of this model for suitable choice of parameters.

References

11 Cites in Article

Reference Format

A. Abdel-Ghaly,A. Attia,H. Aly (1998). Estimation of the parameters of pareto distribution and the reliability function usin accelerated life testing with censoring.
A. Abd Elfattah,E. Elsherpieny,E. Hussein (2007). A new generalized Pareto distribution.
B. Arnald,S. (1983). On a general system of distribution: I its curved-shape characteristics, II. The sample median.
V. Chaoulakian,M. Stephens (2001). Goodness-of-Fit Tests for the Generalized Pareto Distribution.
A. Davison,R. Smith (1990). Models for Exceedances Over High Thresholds.
J. Hosking,walls (1987). Parameter and quantile estimation for the generalized Pareto distribution Technometrics.
J. Picklands (1975). Statistical inference using extreme under statistics.
A. Samia,M. Mohamed (1993). Modified moment estimators for the three parameters Pareto distribution.
Smith R.L (1989). Threshold Methods for Sample Extremes.
Richard Smith (1990). Extreme Value Analysis of Environmental Time Series: An Application to Trend Detection in Ground-Level Ozone.
D. Wingo (1983). Maximum Likelihood Methods for Fitting the Burr Type XII Distribution to Life Test Data.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. T .A. Raja, A. H. Mir. 2013. "On Fitting of Generalized Pareto Distribution". Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 13 (GJHSS Volume 13 Issue 6 (E2)).

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GJHSS Volume 13 Issue 6 (E2)

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords

a new generalized Pareto distribution Goodness of fit Income data set pareto distribution picklands (1975) generalized pareto distribution

Classification

GJHSS-E Classification FOR Code: 140201

Submission ReceivedDecember 11, 2012
Peer Review Double Blind
Handling Editor
Accepted January 3, 2013
Published January 15, 2013

Version of record

v1.2

Issue date

February 14, 2013

Language

English

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Article Matrices

Total Score: 107

Country: India

Subject: Global Journal of Human-Social Science - E: Economics

Authors: Dr. T .A. Raja, A.H. Mir (PhD/Dr. count: 1)

View Count (all-time): 312

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Publish Date: 2013 02, Thu

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