Beta Bessel distributions

Arjun K. Gupta, Saralees Nadarajah
2006 International Journal of Mathematics and Mathematical Sciences  
Three new distributions on the unit interval[0,1]are introduced which generalize the standard beta distribution. These distributions involve the Bessel function. Expression is derived for their shapes, particular cases, and thenth moments. Estimation by the method of maximum likelihood and Bayes estimation are discussed. Finally, an application to consumer price indices is illustrated to show that the proposed distributions are better models to economic data than one based on the standard beta
more » ... the standard beta distribution.
doi:10.1155/ijmms/2006/16156 fatcat:oa4wq4ip2bbxtilkdx2hpkakjy