A Bivariate Extension of Type-II Generalized Crack Distribution for Modeling Heavy-Tailed Losses

As an extension of the (univariate) Birnbaum–Saunders distribution, the Type-II generalized crack (GCR2) distribution, built on an appropriate base density, provides a sufficient level of flexibility to fit various distributional shapes, including heavy-tailed ones. In this paper, we develop a bivar...

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Bibliographic Details
Main Authors: Taehan Bae, Hanson Quarshie
Format: Article
Language:English
Published: MDPI AG 2024-11-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/12/23/3718
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