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Skewness is a common occurrence in statistical applications. In recent years, various distribution families have been proposed to model skewed data by introducing unequal scales based on the median or mode. However, we argue that the point…

Methodology · Statistics 2024-01-10 Yiyuan She , Xiaoqiang Wu , Lizhu Tao , Debajyoti Sinha

We develop two novel approaches for constructing skewed and bimodal flexible distributions that can effectively generalize classical symmetric distributions. We illustrate the application of introduced techniques by extending normal,…

Methodology · Statistics 2021-07-01 Jamil Ownuk , Ahmad Nezakati , Hossein Baghishani

In this paper we propose a bimodal gamma distribution using a quadratic transformation based on the alpha-skew-normal model. We discuss several properties of this distribution such as mean, variance, moments, hazard rate and entropy…

Methodology · Statistics 2020-05-08 R. Vila , L. Ferreira , H. Saulo , F. Prataviera , E. M. M. Ortega

We introduce a fast and easy-to-implement simulation algorithm for a multivariate normal distribution truncated on the intersection of a set of hyperplanes, and further generalize it to efficiently simulate random variables from a…

Computation · Statistics 2017-02-21 Yulai Cong , Bo Chen , Mingyuan Zhou

In this paper, we propose finite mixtures of multivariate skew Laplace distributions to model both skewness and heavy-tailedness in the heterogeneous data sets. The maximum likelihood estimators for the parameters of interest are obtained…

Statistics Theory · Mathematics 2017-02-03 Fatma Zehra Doğru , Y. Murat Bulut , Olcay Arslan

For the extended skew-normal distribution, which represents an extension of the normal (or Gaussian) distribution, we focus on the properties of the log-likelihood function and derived quantities in the the bivariate case. Specifically, we…

Statistics Theory · Mathematics 2023-09-20 Stefano Franco , Adelchi Azzalini

Multivariate stochastic volatility models with skew distributions are proposed. Exploiting Cholesky stochastic volatility modeling, univariate stochastic volatility processes with leverage effect and generalized hyperbolic skew…

Methodology · Statistics 2012-12-21 Jouchi Nakajima

In environmental studies, many data are typically skewed and it is desired to have a flexible statistical model for this kind of data. In this paper, we study a class of skewed distributions by invoking arguments as described by Ferreira…

Applications · Statistics 2018-04-06 Indranil Ghosh , Hon Keung Tony Ng

For the family of multivariate probability distributions variously denoted as unified skew-normal, closed skew-normal and other names, a number of properties are already known, but many others are not, even some basic ones. The present…

Statistics Theory · Mathematics 2020-11-13 Reinaldo B. Arellano-Valle , Adelchi Azzalini

A new robust class of multivariate skew distributions is introduced. Practical aspects such as parameter estimation method of the proposed class are discussed, we show that the proposed class can be fitted under a reasonable time frame. Our…

Methodology · Statistics 2020-11-17 H. Kwong , S. Nadarajah

The multivariate version of the Mixed Tempered Stable is proposed. It is a generalization of the Normal Variance Mean Mixtures. Characteristics of this new distribution and its capacity in fitting tails and capturing dependence structure…

Statistical Finance · Quantitative Finance 2016-10-04 Asmerilda Hitaj , Friedrich Hubalek , Lorenzo Mercuri , Edit Rroji

Matrix-variate distributions can intuitively model the dependence structure of matrix-valued observations that arise in applications with multivariate time series, spatio-temporal or repeated measures. This paper develops an…

Methodology · Statistics 2019-12-24 Geoffrey Z. Thompson , Ranjan Maitra , William Q. Meeker , Ashraf Bastawros

An expanded family of mixtures of multivariate power exponential distributions is introduced. While fitting heavy-tails and skewness has received much attention in the model-based clustering literature recently, we investigate the use of a…

Methodology · Statistics 2015-06-15 Utkarsh J. Dang , Ryan P. Browne , Paul D. McNicholas

In this study, we propose a robust mixture regression procedure based on the skew t distribution to model heavy-tailed and/or skewed errors in a mixture regression setting. Using the scale mixture representation of the skew t distribution,…

Statistics Theory · Mathematics 2017-06-12 Fatma Zehra Doğru , Olcay Arslan

The Burr III distribution is used in a wide variety of fields of lifetime data analysis, reliability theory, and financial literature, etc. It is defined on the positive axis and has two shape parameters, say $c$ and $k$. These shape…

Statistics Theory · Mathematics 2017-05-30 Mehmet Niyazi Çankaya , Abdullah Yalçınkaya , Ömer Altındaǧ , Olcay Arslan

This paper proposes famillies of multimatricvariate and multimatrix variate distributions based on elliptically contoured laws in the context of real normed division algebras. The work allows to answer the following inference problems about…

Statistics Theory · Mathematics 2024-05-14 José A. Díaz-García , Francisco J. Caro-Lopera

The assumption of normality in data has been considered in the field of statistical analysis for a long time. However, in many practical situations, this assumption is clearly unrealistic. It has recently been suggested that the use of…

Computation · Statistics 2016-11-25 Reinaldo B. Arellano-Valle , Javier E. Contreras-Reyes

In this paper, we propose a novel optimization criterion that leverages features of the skew normal distribution to better model the problem of personalized recommendation. Specifically, the developed criterion borrows the concept and the…

Information Retrieval · Computer Science 2020-05-28 Chuan-Ju Wang , Yu-Neng Chuang , Chih-Ming Chen , Ming-Feng Tsai

In recent work, robust mixture modelling approaches using skewed distributions have been explored to accommodate asymmetric data. We introduce parsimony by developing skew-t and skew-normal analogues of the popular GPCM family that employ…

Methodology · Statistics 2013-11-12 Irene Vrbik , Paul D. McNicholas

The skew-normal and related families are flexible and asymmetric parametric models suitable for modelling a diverse range of systems. We show that the multivariate maximum of a high-dimensional extended skew-normal random sample has…

Methodology · Statistics 2018-10-02 Boris Beranger , Simone A. Padoan , Yangfan Xu , Scott A. Sisson