A New 3-Parameter Bounded Beta Distribution: Properties, Estimation, and Applications
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DOI: 10.3390/axioms11100504
Abstract: This study presents a new three-parameter beta distribution defined on the unit interval, which can have increasing, decreasing, left-skewed, right-skewed, approximately symmetric, bathtub, and upside-down bathtub shaped densities, and increasing, U, and bathtub shaped hazard… read more here.
Keywords: parameter bounded; beta distribution; parameter; new parameter ... See more keywords