Applied estimate for conditional bivariate Pareto distribution

Authors

  • S.S. Umar Department of Statistics, Federal Polytechnic Auchi, Edo State, Nigeria
  • B. Onoghojobi Department of Statistics, Federal University Lokoja, Nigeria
  • A.L. Ozioko Department of Mathematics, Federal University Lokoja, Nigeria
  • H.M. Rabiu epartment of Statistics, Federal University Lokoja, Nigeria;

Keywords:

Conditional Pareto distribution;, arginal distribution;, oint moment;, areto bivariate, prior distribution

Abstract

A bivariate conditional Pareto distribution is derived from the marginal and conditional Pareto distributions. Its joint properties are derived including its posterior and the prior distribution, methods for estimating its parameters are discussed. It is applied to a bivariate dataset of Fertilizer A and Fertilizer B, 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

Umar, S. ., Onoghojobi, B. ., Ozioko, A. ., & Rabiu, H. . (2025). Applied estimate for conditional bivariate Pareto distribution. International Journal of Mathematical Analysis and Modelling, 8(1). Retrieved from https://tnsmb.org/journal/index.php/ijmam/article/view/217

Issue

Vol. 8 No. 1 (2025): Volume 8, No. 1, 2025

Section

Articles