أحمد زكريا محمد عفيفى
أستاذ مساعد
A new extended geometric distribution: properties, regression model, and actuarial applications.
Mathematics • 2021
معلومات البحث
المؤلفون
. Almazah, M.M.A., Erbayram, T., Akdoğan, Y., AL Sobhi, M.M. and Afify, A.Z
الكلمات المفتاحية
Not Available
المجلة العلمية
Mathematics
الناشر
Not Available
المجلد
9
العدد
Not Available
الصفحات
1336
publication.type
International
رابط البحث
Open Link
المواد المرفقة
Not Available
الملخص
In this paper, a new modified version of geometric distribution is proposed. The newly introduced model is called transmuted record type geometric (TRTG) distribution. TRTG distribution is a good alternative to the negative binomial, Poisson and geometric distributions in modeling real data encountered in several applied fields. The main statistical properties of the new distribution were obtained. We determined the measures of value at risk and tail value at risk for the TRTG distribution. These measures are important quantities in actuarial sciences for portfolio optimization under uncertainty. The TRTG parameters were estimated via maximum likelihood, moments, proportions, and Bayesian estimation methods, and the simulation results were determined to explore their performance. Furthermore, a new count regression model based on the TRTG distribution was proposed. Four real data applications were adopted to illustrate the applicability of the TRTG distribution and its count regression model. These applications showed empirically that the TRTG distribution outperforms some important discrete models such as the negative binomial, transmuted geometric, discrete Burr, discrete Chen, geometric, and Poisson distributions.
