Dagum distribution

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Format: VoseDagum(a, b, p, U)

Dagum equations

The Dagum distribution is often encountered in the actuarial literature or the income distribution literature.

The distribution was originally derived by Dagum, when he investigated the income elasticity of the cdf of income.

a and p are shape parameters and b is a scale parameter.

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Uses

The Dagum distribution has sometimes been used for fitting to aggregate fire losses.

Notes

The Dagum distribution is also called the Inverse Burr distribution or the Kappa distribution. When a = p, the distribution is also called the Inverse Paralogistic distribution.

VoseFunctions for this distribution

VoseDagum generates values from this distribution or calculates a percentile

VoseDagumObject constructs a distribution object for this distribution

VoseDagumProb returns the probability density or cumulative distribution function for this distribution

VoseDagumProb10 returns the log10 of the probability density or cumulative distribution function  

VoseDagumFit generates values from this distribution fitted to data, or calculates a percentile from the fitted distribution

VoseDagumFitObject constructs a distribution object of this distribution fitted to data

VoseDagumFitP returns the parameters of this distribution fitted to data

See Also