New Folded Models for the Log-Transformed Norwegian Fire Claim Data |
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Authors: | S. Nadarajah S. A. A. Bakar |
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Affiliation: | 1. School of Mathematics, University of Manchester, Manchester, UKmbbsssn2@manchester.ac.uk;3. Institute of Mathematical Sciences, University of Malaya, Kuala Lumpur, Malaysia |
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Abstract: | Folded distributions are useful models in statistics. However, not much is known beyond the folded normal distribution introduced in the 1960s. Here, we introduce several new folded distributions. Statistical properties of each distribution are derived. Applications are provided to the Norwegian fire claim data. |
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Keywords: | Folded Cauchy Folded exponential power Folded generalized t Folded Gumbel Folded logistic |
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