The McDonald generalized Beta-Binomial distribution

dc.contributor.authorChandrabose, Manoj
dc.contributor.authorWijekoon, Pushpa
dc.contributor.authorYapa, Roshan D.
dc.date.accessioned2024-12-06T05:53:20Z
dc.date.available2024-12-06T05:53:20Z
dc.date.issued2013
dc.description.abstractThe binomial outcome data are widely encountered in many real world applications. The Binomial distribution often fails to model the binomial outcomes since the variance of the observed binomial outcome data exceeds the nominal Binomial distribution variance, a phenomenon known as overdispersion. One way of handling overdis- persion is modeling the success probability of the Binomial distribution using a continuous distribution defined on the standard unit interval. The resultant general class of univariate discrete distributions is known as the class of Binomial mixture distributions. The Beta-Binomial (BB) distribution is a prominent member of this class of distributions. The Kumaraswamy-Binomial (KB) distribution is another recent member of this class. In this paper we focus the emphasis on the McDonald’s Generalized Beta distribution of the first kind as the mixing distribu- tion and introduce a new Binomial mixture distribution called the McDonald Generalized Beta-Binomial distribu- tion(McGBB). Some theoretical properties of McGBB are discussed. The parameters of the McGBB distribution are estimated via maximum likelihood estimation technique. A real world dataset is modeled by using the new McGBB mixture distribution, and it is shown that this model gives better fit than its nested models. Finally, an ex- tended simulation study is presented to compare the McGBB distribution with its nested distributions in handling overdispersed binomial outcome data.
dc.identifier.citationInternational Journal of Statistics and Probability Vol. 2 No. 2 2013 pp. 24-41
dc.identifier.urihttps://ir.lib.pdn.ac.lk/handle/20.500.14444/4722
dc.language.isoen_US
dc.publisherUniversity of Peradeniya
dc.relation.ispartofseries2; 2
dc.subjectStatistics
dc.subjectSimulation
dc.subjectMaximum likelihood
dc.subjectKumaraswamy
dc.subjectgeneralized Beta first kind
dc.subjectANODEV
dc.titleThe McDonald generalized Beta-Binomial distribution
dc.title.alternativeA new Binomial mixture distribution and simulation based comparison with Its nested distributions in handling overdispersion
dc.typeArticle
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