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Recently, there has been a great interest among statisticians and applied researchers in constructing flexible distributions for better modelingnon-monotone failure rates. We study a lifetime model of the beta generated family, called the beta Nadara...
This paper proposes an alternative predictor for the total claim amount of individuals that can be used for any type of non-life insurance products in which individuals may have multiple claims within one policy period. The impact of heterogeneity on...