Modeling Heavy-Tailed Bounded Data by the Trapezoidal Beta Distribution with Applications

Modeling Heavy-Tailed Bounded Data by the Trapezoidal Beta Distribution with Applications

In this paper, by using a new method, we derive the trapezoidal beta (TB) distribution and its properties. The TB distribution is a mixture model, generalizes both the beta and rectangular beta distributions, and allows one to describe bounded data with heavy right and/or left tails. In relation to...

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Bibliographic Details
Main Authors: Jorge Figueroa-Zúñiga, Sebastián Niklitschek-Soto, Víctor Leiva, Shuangzhe Liu
Format: Article
Language:English
Published: Instituto Nacional de Estatística | Statistics Portugal 2022-07-01
Series:Revstat Statistical Journal
Subjects:
Bounded-support distributions
EM algorithm
Mixture distributions
R software
Trapezoidal distributions
Online Access:https://revstat.ine.pt/index.php/REVSTAT/article/view/380

Internet

https://revstat.ine.pt/index.php/REVSTAT/article/view/380

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