Abstract:
In this paper, we propose new results on a beta-Pareto class. This extension evolved
by using newly proposed class of beta distributions as generator distributions (F (x)) within the
generator-parent approach: H (x) = F (G(x)) with G(x) the Pareto distribution as the parent distribution.
Fundamental properties are studied, including moments and Rényi entropy. We illustrate
the added value to the literature with a numerical example using hydrology data, indicating that this
newly proposed class is a valid candidate to consider in modelling within the hydrology arena.
