International Journal of Statistical Distributions and Applications

Volume 2, Issue 3, September 2016

  • Application of Burr XII Mixture Distributions to Model Unemployment Duration in Pricing Unemployment Insurance Assuming USA Data

    Richard Onyino Simwa, Martin Mutwiri Kithinji, Joseph Anthony McOtteku Otieno

    Issue: Volume 2, Issue 3, September 2016
    Pages: 27-34
    Received: 20 July 2016
    Accepted: 24 September 2016
    Published: 28 October 2016
    Abstract: The objective of this research is to consider varying unemployment duration in the pricing of unemployment insurance with application to USA data. The study assumes that unemployment duration follows Burr XII mixture distribution while the discount rate to use in the pricing of the scheme will bedetermined by fitting market data into the capital as... Show More
  • A New Extended Uniform Distribution

    K. K. Sankaran, K. Jayakumar

    Issue: Volume 2, Issue 3, September 2016
    Pages: 35-41
    Received: 14 October 2016
    Accepted: 7 November 2016
    Published: 5 December 2016
    Abstract: We introduce a new family of distributions using truncated the Discrete Mittag- Leffler distribution. It can be considered as a generalization of the Marshall-Olkin family of distributions. Some properties of this new family are derived. As a particular case, a three parameter generalization of Uniform distribution is given special attention. The s... Show More