2 papers
stat.ME2024
Revisiting the memoryless property -- testing for the Pareto type I distribution
Lethani Ndwandwe, James Allison, Leonard Santana +1
We propose new goodness-of-fit tests for the Pareto type I distribution. These tests are based on a multiplicative version of the memoryless property which characterises this distr…
stat.ME2022
Testing for the Pareto type I distribution: A comparative study
L. Ndwandwe, J. S. Allison, L. Santana +1
Pareto distributions are widely used models in economics, finance and actuarial sciences. As a result, a number of goodness-of-fit tests have been proposed for these distributions…