Loss modeling using Burr mixtures

The first-ever real data application of a two-component Burr mixture distribution is provided. It is fitted to three loss data sets: fire loss claims in Denmark, fire loss claims for three building categories in Belgium and fire loss data in Norway. Each of these data sets exhibits significant bimod...

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Bibliographic Details
Main Authors: Bakar, Shaiful Anuar Abu, Nadarajah, Saralees, Adzhar, Zahrul Azmir ABSL Kamarul
Format: Article
Published: Springer 2018
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Online Access:http://eprints.um.edu.my/22714/
https://doi.org/10.1007/s00181-017-1269-7
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