
<oai_dc:dc xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/">
  <dc:subject xml:lang="eng">Keywords: Mixture; distribution; expectation-maximization algorithm; mortality model; unisex premium rate</dc:subject>
  <dc:rights>All rights reserved</dc:rights>
  <dc:language>eng</dc:language>
  <dc:title xml:lang="eng">Lognormal and log-logistic distribution mixture analysis and application</dc:title>
  <dc:date>2022</dc:date>
  <dc:description xml:lang="eng">Abstract: 
In this paper, we analyze a mixture of Lognormal and Log-Logistic distribution.
We estimate the parameters of the introduced distribution by using the expectation-maximization (EM) algorithm. Various phenomena in the field of medicine and economy
could be modeled by this mixture. In this paper, it is used to construct new mortality
model for determining the unisex premium rates in life insurance. The application of the
model is illustrated in the case of Serbian population and its advantages are presented
in the context of life insurance premium calculation.</dc:description>
  <dc:source>Modern physics letters B 36(5)</dc:source>
  <dc:type>info:eu-repo/semantics/article</dc:type>
  <dc:identifier>https://phaidrabg.bg.ac.rs/o:30070</dc:identifier>
  <dc:identifier>doi:10.1142/S0217984921505886</dc:identifier>
  <dc:identifier>ISSN: 0217-9849</dc:identifier>
  <dc:format>application/pdf</dc:format>
  <dc:format>503662 bytes</dc:format>
  <dc:creator id="https://orcid.org/0000-0003-3219-4746 https://plus.cobiss.net/cobiss/sr/sr/conor/12438375">Kočović, Jelena</dc:creator>
  <dc:creator>Mitić, Vojislav V.</dc:creator>
  <dc:creator id="https://orcid.org/0000-0003-4239-2252 https://plus.cobiss.net/cobiss/sr/sr/conor/13834087">Koprivica, Marija</dc:creator>
  <dc:creator id="https://orcid.org/0000-0002-4566-0147 https://plus.cobiss.net/cobiss/sr/sr/conor/12873063">Rajić, Vesna</dc:creator>
  <dc:creator>Lazović, Goran</dc:creator>
</oai_dc:dc>
