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We present general results on the univariate tail conditional expectation (TCE) and multivariate tail conditional expectation for location-scale mixture of elliptical distributions. Examples include the location-scale mixture of normal…

Statistics Theory · Mathematics 2020-07-21 Baishuai Zuo , Chuancun Yin

Families of mixtures of multivariate power exponential (MPE) distributions have been previously introduced and shown to be competitive for cluster analysis in comparison to other elliptical mixtures including mixtures of Gaussian…

Computation · Statistics 2023-01-24 Utkarsh J. Dang , Michael P. B. Gallaugher , Ryan P. Browne , Paul D. McNicholas

In this paper, we propose a MCMC algorithm based on elliptical slice sampling with the purpose to improve sampling efficiency. During sampling, a mixture distribution is fitted periodically to previous samples. The components of the mixture…

Computation · Statistics 2019-03-14 Song Li , Geoffrey K. F. Tso

We introduce a new class of multivariate elliptically symmetric distributions including elliptically symmetric logistic distributions and Kotz type distributions. We investigate the various probabilistic properties including marginal…

Statistics Theory · Mathematics 2020-08-04 Yeshunying Wang , Chuancun Yin

In this article, we introduce finite mixture models (FMMs) renowned for capturing population heterogeneity. Our focus lies in establishing stochastic comparisons between two arithmetic (finite) mixture models, employing the vector…

Statistics Theory · Mathematics 2024-12-16 Raju Bhakta , Nuria Torrado , Sangita Das , Suchandan Kayal

Elliptically symmetric distributions are a classic example of a semiparametric model where the location vector and the scatter matrix (or a parameterization of them) are the two finite-dimensional parameters of interest, while the density…

Statistics Theory · Mathematics 2026-03-18 Stefano Fortunati , Jean-Pierre Delmas , Esa Ollila

We propose elliptical graphical models based on conditional uncorrelatedness as a general- ization of Gaussian graphical models by letting the population distribution be elliptical instead of normal, allowing the fitting of data with…

Methodology · Statistics 2015-06-16 Daniel Vogel , Roland Fried

In this paper we propose a family of multivariate asymmetric distributions over an arbitrary subset of set of real numbers which is defined in terms of the well-known elliptically symmetric distributions. We explore essential properties,…

Methodology · Statistics 2024-09-02 Roberto Vila , Helton Saulo , Leonardo Santos , João Monteiros , Felipe Quintino

Consider two batches of independent or interdependent exponentiated location-scale distributed heterogeneous random variables. This article investigates ordering results for the second-order statistics from these batches when a vector of…

Statistics Theory · Mathematics 2021-04-20 Sangita Das , Suchandan Kayal

A new notion of stochastic ordering is introduced to compare multivariate stochastic risk models with respect to extreme portfolio losses. In the framework of multivariate regular variation comparison criteria are derived in terms of…

Risk Management · Quantitative Finance 2010-10-26 Georg Mainik , Ludger Rüschendorf

Stochastic models share many characteristics with generic parametric models. In some ways they can be regarded as a special case. But for stochastic models there is a notion of weak distribution or generalised random variable, and the same…

Numerical Analysis · Mathematics 2018-09-05 Hermann G. Matthies

The joint estimation of the location vector and the shape matrix of a set of independent and identically Complex Elliptically Symmetric (CES) distributed observations is investigated from both the theoretical and computational viewpoints.…

Methodology · Statistics 2021-01-27 Stefano Fortunati , Alexandre Renaux , Frédéric Pascal

This study investigates component wise estimation of ordered variances of scale mixture of two normal distributions. For this study two special loss functions are considered namely squared error loss function and entropy loss function. We…

Statistics Theory · Mathematics 2026-01-28 Shrajal Bajpai , Lakshmi Kanta Patra

A mixture of variance-gamma distributions is introduced and developed for model-based clustering and classification. The latest in a growing line of non-Gaussian mixture approaches to clustering and classification, the proposed mixture of…

Methodology · Statistics 2014-12-30 Sharon M. McNicholas , Paul D. McNicholas , Ryan P. Browne

Spaces with locally varying scale of measurement, like multidimensional structures with differently scaled dimensions, are pretty common in statistics and machine learning. Nevertheless, it is still understood as an open question how to…

Machine Learning · Statistics 2024-03-05 Christoph Jansen , Georg Schollmeyer , Hannah Blocher , Julian Rodemann , Thomas Augustin

We propose and study the class of Box-Cox elliptical distributions. It provides alternative distributions for modeling multivariate positive, marginally skewed and possibly heavy-tailed data. This new class of distributions has as a special…

Methodology · Statistics 2017-10-18 Raúl Alejandro Morán-Vásquez , Silvia L. P. Ferrari

We briefly review the use of the order parameter probability distribution function as a useful tool to obtain the critical properties of statistical mechanical models using computer Monte Carlo simulations. Some simple discrete spin…

Statistical Mechanics · Physics 2015-06-11 J. A. Plascak , P. H. L. Martins

The purpose of the present paper is to give unified expressions to the characteristic functions of all elliptical and related distributions. Those distributions including the multivariate elliptical symmetric distributions and some…

Statistics Theory · Mathematics 2023-11-14 Chuancun Yin , Hua Dong

Elliptical distribution is a basic assumption underlying many multivariate statistical methods. For example, in sufficient dimension reduction and statistical graphical models, this assumption is routinely imposed to simplify the data…

Statistics Theory · Mathematics 2024-12-16 Yin Tang , Bing Li

To complete a previous paper, the probability density functions of the center-of-gravity as positioning algorithm are derived with classical methods. These methods, as suggested by the textbook of Probability, require the preliminary…

Statistical Mechanics · Physics 2020-06-05 Gregorio Landi , Giovanni E. Landi