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This study proposes a new competitive model, the Marshall-Olkin Kappa distribution and presents its various properties. These properties include the derivation of probability density function, quantiles, rth moment, mode, mean deviation and survival function. Results for the various inequality indices are obtained. Expression regarding order statistics is given. The unknown parameters of the proposed distribution are estimated using the maximum likelihood estimation method. Empirical illustration is provided using two real life data sets.
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Javed et al. (2018) studied this question.
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