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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| 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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