Toward the establishment of a family of distributions that may fit any dataset
H. M. Barakat, Osama Mohareb Khaled · Communications in Statistics - Simulation and Computation · 2016
This article presents a review and comparison of the most important expanded families of distributions. We set the essential requirements by which an expanding family can fit any dataset successfully. A new method is proposed to construct families, which fulfill these essential requirements. Consequently, two families are suggested, which are more tractable than many other known families and possess very wide range of the indices of skewness and kurtosis. The article is motivated by two applications to real dataset.