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Table 5 Norwegian fire insurance claims: Estimated values for KwTP

From: The Kumaraswamy transmuted Pareto distribution

Parameters

−ℓ

AIC

BIC

A-D

K-S

p-value

(Year = 1988,n=827)

      

\(\hat {\alpha }\)

\(\hat {\lambda }\)

\(\hat {a}\)

\(\hat {b}\)

      

1.0197

-0.7034

0.9698

1.2808

6751.24

13510.49

13529.29

0.46

0.03

0.62

(0.4104)

(0.2148)

(0.1609)

(0.6186)

      

(Year = 1990,n=628)

      

\(\hat {\alpha }\)

\(\hat {\lambda }\)

\(\hat {a}\)

\(\hat {b}\)

      

0.6310

-0.7285

1.0873

3.1417

5039.91

10087.82

10105.57

0.96

0.04

0.40

(0.2739)

(0.1873)

(0.1669)

(1.8428)

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