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Related papers: A goodness of fit test for the Pareto distribution

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It is well known that the approximate distribution of the usual test statistic of a goodness-of-fit test is chi-square, with degrees of freedom equal to the number of categories minus 1 (assuming that no parameters are to be estimated --…

Statistics Theory · Mathematics 2014-10-28 Kris Duszak , Jan Vrbik

Fitting mixture distributions is needed in applications where data belongs to inhomogeneous populations comprising homogeneous sub-populations. The mixing proportions of the sub populations are in general unknown and need to be estimated as…

Methodology · Statistics 2019-12-10 Richard A. Lockhart , Chandanie W. Navaratna

Statistical data is often analyzed as a contingency table, sometimes with empty cells called zeros. Such sparse tables can be due to scarse observations classified in numerous categories, as for example in genetic association studies. Thus,…

Statistics Theory · Mathematics 2010-07-28 Audrey Finkler

Statistical data is often analyzed as a contingency table, sometimes with empty cells called zeros. Such sparse tables can be due to scarse observations classified in numerous categories, as for example in genetic association studies. Thus,…

Statistics Theory · Mathematics 2010-07-28 Audrey Finkler

We propose new classes of tests for the Pareto type I distribution using the empirical characteristic function. These tests are $U$ and $V$ statistics based on a characterisation of the Pareto distribution involving the distribution of the…

Methodology · Statistics 2023-01-24 L. Ndwandwe , J. S. Allison , M. Smuts , I. J. H. Visagie

We propose tests of fit for classes of distributions that include the Weibull, the Pareto and the Fr\'echet, distributions. The new tests employ the novel tool of the min--characteristic function and are based on an L2--type weighted…

Methodology · Statistics 2023-10-20 S. G. Meintanis , B. Milošević , M. D. Jiménez-Gamero

This paper introduces a novel goodness-of-fit test technique for parametric conditional distributions. The proposed tests are based on a residual marked empirical process, for which we develop a conditional Principal Component Analysis. The…

Econometrics · Economics 2025-06-18 Cui Rui , Li Yuhao

The chi square goodness-of-fit test is among the oldest known statistical tests, first proposed by Pearson in 1900 for the multinomial distribution. It has been in use in many fields ever since. However, various studies have shown that when…

Methodology · Statistics 2020-05-07 Wolfgang Rolke , Cristian Gutierrez Gongora

A goodness-of-fit test for one-parameter count distributions with finite second moment is proposed. The test statistic is derived from the $L^1$ distance of a function of the probability generating function of the model under the null…

Statistics Theory · Mathematics 2024-06-11 Antonio Di Noia , Lucio Barabesi , Marzia Marcheselli , Caterina Pisani , Luca Pratelli

Using fixed point characterization, we develop a new goodness of fit test for uniform distribution. We also discuss how the right censored observations can be incorporated in the proposed test procedure. We study the asymptotic properties…

Methodology · Statistics 2021-06-14 Sudheesh K. Kattumannil , Sreedevi E. P

In this paper, we propose several statistics for testing uniformity under progressive Type-I interval censoring. We obtain the critical points of these statistics and study the power of the proposed tests against a representative set of…

Statistics Theory · Mathematics 2017-04-25 H. Nadeb , H. Torabi , G. G. Hamedani

Chi-squared tests for lack of fit are traditionally employed to find evidence against a hypothesized model, with the model accepted if the Karl Pearson statistic comparing observed and expected numbers of observations falling within cells…

Statistics Theory · Mathematics 2021-12-20 Robert G. Staudte

We introduce two new tools to assess the validity of statistical distributions. These tools are based on components derived from a new statistical quantity, the $comparison$ $curve$. The first tool is a graphical representation of these…

Methodology · Statistics 2024-05-16 Gilles R. Ducharme , Teresa Ledwina

A general and relatively simple method for construction of multivariate goodness-of-fit tests is introduced. The proposed test is applied to elliptical distributions. The method is based on a characterization of probability distributions…

Methodology · Statistics 2022-06-22 Feifei Chen , M. Dolores Jiménez-Gamero , Simos Meintanis , Lixing Zhu

Pareto distributions, and power laws in general, have demonstrated to be very useful models to describe very different phenomena, from physics to finance. In recent years, the econophysical literature has proposed a large amount of papers…

Methodology · Statistics 2015-06-16 Pasquale Cirillo

We consider the goodness of fit testing problem for stochastic differential equation with small diffiusion coefficient. The basic hypothesis is always simple and it is described by the known trend coefficient. We propose several tests of…

Statistics Theory · Mathematics 2009-03-27 Yury A. Kutoyants

The upper tail of a claim size distribution of a property line of business is frequently modelled by Pareto distribution. However, the upper tail does not need to be Pareto distributed, extraordinary shapes are possible. Here, the…

Methodology · Statistics 2020-02-19 Mathias Raschke

This paper introduces chi-square goodness-of-fit tests to check for conditional distribution model specification. The data is cross-classified according to the Rosenblatt transform of the dependent variable and the explanatory variables,…

Econometrics · Economics 2023-09-25 Miguel A. Delgado , Julius Vainora

The most popular approach in extreme value statistics is the modelling of threshold exceedances using the asymptotically motivated generalised Pareto distribution. This approach involves the selection of a high threshold above which the…

Methodology · Statistics 2014-05-27 Ioannis Papastathopoulos , Jonathan A. Tawn

This work presents an empirical study of the evolution of the consumer expenditure distribution in India during 1982-2007. We have used the National Sample Survey Organization data and analysed the expenditure distribution for the urban and…

General Finance · Quantitative Finance 2010-07-09 Abhik Ghosh , Kausik Gangopadhyay , B. Basu