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Some remarkable properties of the beta distribution are based on relations involving independence between beta random variables such that a parameter of one among them is the sum of the parameters of an other (see (1.1) et (1.2) below).…

Probability · Mathematics 2013-02-15 Abdelhamid Hassairi , Mouna Masmoudi

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

Parametric distributions are an important part of statistics. There is now a voluminous literature on different fascinating formulations of flexible distributions. We present a selective and brief overview of a small subset of these…

Statistics Theory · Mathematics 2020-05-15 Sharon X. Lee , Geoffrey J. McLachlan

This paper introduces a new distribution to improve tail risk modeling. Based on the classical normal distribution, we define a new distribution by a series of heat equations. Then, we use market data to verify our model.

Statistics Theory · Mathematics 2013-04-08 Xiaolin Gong , Shuzhen Yang

This article aims to introduced a new distribution named as extended xgamma (EXg) distribution. This generalization is derived from xgamma distribution (Xg), a special finite mixture of exponential and gamma distributions [see, Sen et al.…

Statistics Theory · Mathematics 2019-09-04 Mahendra Saha , Abhimanyu Singh Yadav , Arvind Pandey , Shivanshi Shukla , Sudhansu S Maiti

Due to the skessed distribution, high peak and thick tail and asymmetry of financial return data, it is difficult to describe the traditional distribution. In recent years, generalized autoregressive score (GAS) has been used in many fields…

Risk Management · Quantitative Finance 2020-10-14 Hong Shaopeng

For two vast families of mixture distributions and a given prior, we provide unified representations of posterior and predictive distributions. Model applications presented include bivariate mixtures of Gamma distributions labelled as…

Statistics Theory · Mathematics 2020-09-09 Aziz LMoudden , Éric Marchand

In the present paper a generalization of Gurland distribution [3] is obtained as a beta mixture of the generalized Poisson distribution (GPD) of Consul and Jain [2]. The first two moments of the distribution and a recurrence relation among…

Statistics Theory · Mathematics 2008-12-18 Yashwant Singh

Synthetic aperture radar technology is crucial for high-resolution imaging under various conditions; however, the acquisition of real-world synthetic aperture radar data for deep learning-based automatic target recognition remains…

Computer Vision and Pattern Recognition · Computer Science 2024-09-24 Minjun Kim , Ohtae Jang , Haekang Song , Heesub Shin , Jaewoo Ok , Minyoung Back , Jaehyuk Youn , Sungho Kim

This article introduces a novel probability distribution model, namely Complex Isotropic {\alpha}-Stable-Rician (CI{\alpha}SR), for characterizing the data histogram of synthetic aperture radar (SAR) images. Having its foundation situated…

Image and Video Processing · Electrical Eng. & Systems 2023-06-08 Mutong Li , Ercan Engin Kuruoglu

A new class of distributions, called as normal power series (NPS), which contains the normal one as a particular case, is introduced in this paper. This new class which is obtained by compounding the normal and power series distributions,…

Methodology · Statistics 2015-10-27 Eisa Mahmoudi , Hamed Mahmoodian

This paper proposes a Bayesian method for estimating the parameters of a normal distribution when only limited summary statistics (sample mean, minimum, maximum, and sample size) are available. To estimate the parameters of a normal…

Methodology · Statistics 2024-11-21 Tomoki Matsumoto

In this paper, a generalization for the Birnbaum Saunders distribution, which has been applied to the modelling of fatigue failure times and reliability studies, is considered. The maximum likelihood estimators and statistical inference for…

Statistics Theory · Mathematics 2021-09-06 Beenu Thomas , Chacko V M

Extended geometric distribution is defined and its mixture is characterized by the property of having completely monotone probability sequence. Also, convolution equations and probability generating functions are used to characterize…

Statistics Theory · Mathematics 2007-06-13 E Sandhya , S Sherly , M K Jos , N Raju

This paper builds on recent research that focuses on regression modeling of continuous bounded data, such as proportions measured on a continuous scale. Specifically, it deals with beta regression models with mixed effects from a Bayesian…

The most popular approach in extreme value statistics is the modelling of threshold exceedances using the asymptotically motivated generalised Pareto distribution. This approach involves the selection of a high threshold above which the…

Methodology · Statistics 2014-05-27 Ioannis Papastathopoulos , Jonathan A. Tawn

A new class of dependent random measures which we call {\it compound random measures} are proposed and the use of normalized versions of these random measures as priors in Bayesian nonparametric mixture models is considered. Their…

Methodology · Statistics 2015-09-03 Jim E. Griffin , Fabrizio Leisen

Regression classes modeling more than the mean of the response have found a lot of attention in the last years. Expectile regression is a special and computationally convenient case of this family of models. Expectiles offer a quantile-like…

Methodology · Statistics 2013-12-19 Elisabeth Waldmann , Fabian Sobotka , Thomas Kneib

We discuss a bivariate beta distribution that can model arbitrary beta-distributed marginals with a positive correlation. The distribution is constructed from six independent gamma-distributed random variates. We show how the parameters of…

Statistics Theory · Mathematics 2021-06-03 Susanne Trick , Frank Jäkel , Constantin A. Rothkopf

Nested error regression models are useful tools for analysis of grouped data, especially in the case of small area estimation. This paper suggests a nested error regression model using uncertain random effects in which the random effect in…

Methodology · Statistics 2017-02-28 Shonosuke Sugasawa , Tatsuya Kubokawa