TITLE:
The Mean Deviation from the Median of the Dagum Distribution
AUTHORS:
Marin Claudia, Domenico Leogrande, Fabio Manca
KEYWORDS:
Mean Deviation from the Median, Dagum Distribution, Scale and Shape Parameters
JOURNAL NAME:
Applied Mathematics,
Vol.11 No.10,
October
14,
2020
ABSTRACT: The Dagum model is particularly suitable for the analysis of the distributions of economic quantities, such as income, assets and consumption. The purpose of this note is to derive the expression of the mean deviation from the median of the Dagum distribution to study the behavior of the scale and shape parameters in terms of absolute variability and in terms of relative variability.