Exploring the Burr type III distribution: Properties, stochastic orders, and information measures

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Pakgohar Alireza

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Journal Paper

Paper Information

Journal: JOURNAL OF STATISTICAL MODELLING: THEORY AND APPLICATIONS Year:2024 | Volume:5 | Issue:1 Page(s): 165-180

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Title

Exploring the Burr type III distribution: Properties, stochastic orders, and information measures

Author(s)

Pakgohar Alireza | Issue Writer Certificate

Keywords

Beta Distribution‎

‎Divergence‎

‎Entropy‎

‎Extropy‎

‎Stochastic orders

Abstract

The Burr Type III distribution‎, ‎also known as the Singh-Maddala distribution‎, ‎is a versatile probability distribution widely used in various fields such as hydrology‎, ‎finance‎, ‎reliability engineering‎, ‎and actuarial science‎. ‎This paper explores the Burr Type III distribution‎, ‎discussing its properties‎, ‎moment calculations‎, ‎stochastic orders‎, ‎and entropy measures tailored for this distribution.

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