A competitive family to the Beta and Kumaraswamy generators: Properties, Regressions and Applications

Abstract

Abstract We define two new flexible families of continuous distributions to fit real data by compoun-ding the Marshall–Olkin class and the power series distribution. These families are very competitive to the popular beta and Kumaraswamy generators. Their densities have linear representations of exponentiated densities. In fact, as the main properties of thirty five exponentiated distributions are well-known, we can easily obtain several properties of about three hundred fifty distributions using the references of this article and five special cases of the power series distribution. We provide a package implemented in R software that shows numerically the precision of one of the linear representations. This package is useful to calculate numerical values for some statistical measurements of the generated distributions. We estimate the parameters by maximum likelihood. We define a regression based on one of the two families. The usefulness of a generated distribution and the associated regression is proved empirically.

Keywords

• generating function
• Marshall–Olkin family
• maximum likelihood
• moment
• distribution