Research Article
On Modeling the Earthquake Insurance Data via a New Member of the T-X Family
Table 2
Simulation results for the Z-Weibull distribution.
| Set 2: , , and | | Parameters | MLEs | MSEs | Bias |
| 25 | | 1.3094 | 0.2002 | 0.2094 | | 1.9925 | 5.7399 | 1.2925 | | 2.1937 | 4.3061 | 0.7937 |
| 50 | | 1.2340 | 0.1333 | 0.1340 | | 1.6368 | 4.0681 | 0.9368 | | 2.0939 | 3.3865 | 0.6939 |
| 100 | | 1.1766 | 0.0697 | 0.0766 | | 1.2543 | 2.1560 | 0.5543 | | 1.8715 | 2.1136 | 0.4715 |
| 200 | | 1.1396 | 0.0368 | 0.0396 | | 0.9740 | 0.9313 | 0.2740 | | 1.6771 | 1.0320 | 0.2771 |
| 400 | | 1.1194 | 0.0153 | 0.0194 | | 0.8080 | 0.2293 | 0.1080 | | 1.5204 | 0.3718 | 0.1204 |
| 600 | | 1.1171 | 0.0094 | 0.0171 | | 0.7860 | 0.1229 | 0.0860 | | 1.4516 | 0.1869 | 0.0516 |
| 800 | | 1.1093 | 0.0065 | 0.0093 | | 0.7495 | 0.0833 | 0.0495 | | 1.4443 | 0.1219 | 0.0443 |
| 1000 | | 1.1050 | 0.0049 | 0.0050 | | 0.7807 | 0.0537 | 0.0307 | | 1.4147 | 0.0935 | 0.0347 |
|
|