Now showing items 1-1 of 1

  • Thumbnail

    Claims modeling with and alternative gamma-exponentiated weibull distribution and ruinprobability approximation 

    Pawat Paksaranuwat; Samruam Chongcharoen (National Institute of Development Administration, 2016)

    In this dissertation, two studies that are beneficial for actuaries and the insurance business are proposed. In the first study, an exponentiated Weibull distribution using gamma-generated distribution is modified to obtain an alternative gamma-exponentiated Weibull (AGEW) distribution; its sub-models include both gamma and Weibull distributions, both of which are popular in claims modeling by insurance companies. Its basic structural properties such as distribution function, density function, and moments were investigated. Moreover, the ...