Research Article

A New Exponential-X Family: Modeling Extreme Value Data in the Finance Sector

Table 3

Estimated parameters for the insurance claims data.

Distribution

NE-Weibull1.283 (0.012)0.005 (0.001)8.689 (0.610)
Weibull1.486 (1.096)0.001 (0.095)
W-Loss1.564 (1.075)0.041 (0.076)12.765 (0.963)
NHT-Weibull1.316 (0.964)0.025 (0.049)10.498 (0.875)31.713 (3.791)
Ku-Weibull0.984 (0.076)0.052 (0.017)64.933 (0.063)0.657 (0.167)
B-Weibull1.090 (0.058)0.031 (0.000)40.704 (10.392)0.592 (0.139)