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New composite models for the Danish fire insurance data
Authors:S. Nadarajah  S.A.A. Bakar
Affiliation:School of Mathematics , University of Manchester , Manchester , UK
Abstract:In recent years, several composite models based on the lognormal distribution have been developed for the Danish fire insurance data. In this note, we propose new composite models based on the lognormal distribution. At least one of the newly proposed models is shown to give a better fit to the Danish fire insurance data.
Keywords:composite models  estimation  lognormal distribution
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