Applied estimate for bivariate beta-prime distribution
Keywords:
onditional beta-prime distribution, marginal distribution;, oint moment;, eta- prime bivariate, prior distributionAbstract
A bivariate conditional beta-prime distribution is derived from the marginal and conditional beta-prime distributions. Its joint properties are derived, and methods for estimating its parameters are discussed. It is applied to a bivariate dataset of wind speed and wind direction, where the conditional dependence of the two variables is suspected. The result shows that the model is compatible with the data. It is proposed for application when there is a need to account for such a conditional structure in a bivariate model.
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Published
2025-07-23
How to Cite
Onoghojobi, B. ., Ozioko, A. ., & Idris, M. . (2025). Applied estimate for bivariate beta-prime distribution. International Journal of Mathematical Analysis and Modelling, 8(1). Retrieved from https://tnsmb.org/journal/index.php/ijmam/article/view/214
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