Size Biased Fréchet Distribution: Properties and Statistical Inference

Abstract Fréchet distribution, initially introduced by (Fréchet, M. (1927) Ann de la Soc), is usually used for modeling several extreme random phenomena, while several generalizations of this distribution are available in the statistical literature (Phaphan, W., Ibrahim, A., Wirawan, P. (2023) Symme...

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Main Authors: G. Tzavelas, A. Batsidis, P. Economou
Format: Article
Language:English
Published: Springer 2024-11-01
Series:Journal of Statistical Theory and Applications (JSTA)
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Online Access:https://doi.org/10.1007/s44199-024-00096-6
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author G. Tzavelas
A. Batsidis
P. Economou
author_facet G. Tzavelas
A. Batsidis
P. Economou
author_sort G. Tzavelas
collection DOAJ
description Abstract Fréchet distribution, initially introduced by (Fréchet, M. (1927) Ann de la Soc), is usually used for modeling several extreme random phenomena, while several generalizations of this distribution are available in the statistical literature (Phaphan, W., Ibrahim, A., Wirawan, P. (2023) Symmetry 15(7):1380, Alzeley, O., Almetwally, E.M., Gemeay, A.M., Alshanbari, H.M., Hafez, E.H., Abu-Moussa, M.H (2021) Comput Intell Neurosci 2021(1):2167670). In this paper, a generalization of the Fréchet distribution is considered as a method of describing samples that cannot be considered as a random sample from Fréchet, since the sampling mechanism selects units with probability proportional to some measure of the unit size (Mudasir, S., Ahmad, S.P (2021) J Stat Theory Appl 20:395–406). In this frame, motivated by (Fisher, R.A. (1934) Ann Eugen 6:13–25) and (Rao, C.R. (1965) J Stat Ser A 311–324), the $r-$ r - size-biased version of the Fréchet distribution is presented and studied. In this paper, it is proved that the maximum likelihood estimators of the unknown parameters of the $r$ r -size-biased Fréchet distribution, with $r$ r known, always exist and they are unique. Moreover, it discusses the impact on the estimation of the unknown parameters via the maximum likelihood method when someone ignores the bias or misspecifies the value of $r$ r . Finally, using a real data set we also highlight that ignoring the bias affects the estimation of quantities such as the mean value and the quantiles.
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spelling doaj-art-79f23b8b12964696bd6c2badeb58fc862024-12-29T12:49:58ZengSpringerJournal of Statistical Theory and Applications (JSTA)2214-17662024-11-0123445647910.1007/s44199-024-00096-6Size Biased Fréchet Distribution: Properties and Statistical InferenceG. Tzavelas0A. Batsidis1P. Economou2Department of Statistics and Insurance Science, University of PiraeusDepartment of Mathematics, University of IoanninaDepartment of Civil Engineering, Environmental Engineering Laboratory, University of PatrasAbstract Fréchet distribution, initially introduced by (Fréchet, M. (1927) Ann de la Soc), is usually used for modeling several extreme random phenomena, while several generalizations of this distribution are available in the statistical literature (Phaphan, W., Ibrahim, A., Wirawan, P. (2023) Symmetry 15(7):1380, Alzeley, O., Almetwally, E.M., Gemeay, A.M., Alshanbari, H.M., Hafez, E.H., Abu-Moussa, M.H (2021) Comput Intell Neurosci 2021(1):2167670). In this paper, a generalization of the Fréchet distribution is considered as a method of describing samples that cannot be considered as a random sample from Fréchet, since the sampling mechanism selects units with probability proportional to some measure of the unit size (Mudasir, S., Ahmad, S.P (2021) J Stat Theory Appl 20:395–406). In this frame, motivated by (Fisher, R.A. (1934) Ann Eugen 6:13–25) and (Rao, C.R. (1965) J Stat Ser A 311–324), the $r-$ r - size-biased version of the Fréchet distribution is presented and studied. In this paper, it is proved that the maximum likelihood estimators of the unknown parameters of the $r$ r -size-biased Fréchet distribution, with $r$ r known, always exist and they are unique. Moreover, it discusses the impact on the estimation of the unknown parameters via the maximum likelihood method when someone ignores the bias or misspecifies the value of $r$ r . Finally, using a real data set we also highlight that ignoring the bias affects the estimation of quantities such as the mean value and the quantiles.https://doi.org/10.1007/s44199-024-00096-6Size-biased distributionsFréchet distributionWeighted distributions
spellingShingle G. Tzavelas
A. Batsidis
P. Economou
Size Biased Fréchet Distribution: Properties and Statistical Inference
Journal of Statistical Theory and Applications (JSTA)
Size-biased distributions
Fréchet distribution
Weighted distributions
title Size Biased Fréchet Distribution: Properties and Statistical Inference
title_full Size Biased Fréchet Distribution: Properties and Statistical Inference
title_fullStr Size Biased Fréchet Distribution: Properties and Statistical Inference
title_full_unstemmed Size Biased Fréchet Distribution: Properties and Statistical Inference
title_short Size Biased Fréchet Distribution: Properties and Statistical Inference
title_sort size biased frechet distribution properties and statistical inference
topic Size-biased distributions
Fréchet distribution
Weighted distributions
url https://doi.org/10.1007/s44199-024-00096-6
work_keys_str_mv AT gtzavelas sizebiasedfrechetdistributionpropertiesandstatisticalinference
AT abatsidis sizebiasedfrechetdistributionpropertiesandstatisticalinference
AT peconomou sizebiasedfrechetdistributionpropertiesandstatisticalinference