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The distribution of intertrade durations, defined as the waiting times between two consecutive transactions, is investigated based upon the limit order book data of 23 liquid Chinese stocks listed on the Shenzhen Stock Exchange in the whole…

Statistical Finance · Quantitative Finance 2008-12-02 Zhi-Qiang Jiang , Wei Chen , Wei-Xing Zhou

Bayesian spatial modeling of heavy-tailed distributions has become increasingly popular in various areas of science in recent decades. We propose a Weibull regression model with spatial random effects for analyzing extreme economic loss.…

Applications · Statistics 2019-12-10 Hou-Cheng Yang , Lijiang Geng , Yishu Xue , Guanyu Hu

The generalized extreme value distribution and its particular case, the Gumbel extreme value distribution, are widely applied for extreme value analysis. The Gumbel distribution has certain drawbacks because it is a non-heavy-tailed…

Methodology · Statistics 2015-08-12 E. C. Pinheiro , S. L. P. Ferrari

The Weibull distribution is a commonly used model for the strength of brittle materials and earthquake return intervals. Deviations from Weibull scaling, however, have been observed in earthquake return intervals and in the fracture…

Complex biological networks, encompassing metabolic pathways, gene regulatory systems, and protein-protein interaction networks, often exhibit scale-free structures characterized by heavy-tailed degree distributions. However, empirical…

The statistical distribution of the largest value drawn from a sample of a given size has only three possible shapes: it is either a Weibull, a Fr\'echet or a Gumbel extreme value distributions. I describe in this short review how to relate…

Statistical Mechanics · Physics 2020-09-22 Alex Hansen

It is argued that there is a need for fat-tailed distributions that become thin in the extreme tail. A 3-parameter distribution is introduced that visually resembles the t-distribution and interpolates between the normal distribution and…

Statistics Theory · Mathematics 2022-02-08 Rose D Baker

Many random phenomena, including life-testing and environmental data, show positive values and excess zeros, which pose modeling challenges. In life testing, immediate failures result in zero lifetimes, often due to defects or poor quality,…

Methodology · Statistics 2026-02-06 Shivshankar Nila , Ishapathik Das , N. Balakrishna

In this paper, we propose cylindrical distributions obtained by combining the sine-skewed von Mises distribution (circular part) with the Weibull distribution (linear part). This new model, the WeiSSVM, enjoys numerous advantages: simple…

Methodology · Statistics 2016-01-01 Toshihiro Abe , Christophe Ley

In numerous instances, the generalized exponential distribution can be used as an alternative to the most widely used non-regular family of distributions: Weibull, gamma, lognormal with three-parameters when analyzing lifetime or any skewed…

Methodology · Statistics 2026-03-03 Kiran Prajapat , Sharmishtha Mitra , Debasis Kundu

The Weibull distribution, with shape parameter $k>0$ and scale parameter $\lambda>0$, is one of the most popular parametric distributions in survival analysis with complete or censored data. Although inference of the parameters of the…

Methodology · Statistics 2023-03-20 Enes Makalic , Daniel F. Schmidt

The Kumaraswamy Inverse Weibull distribution has the ability to model failure rates that have unimodal shapes and are quite common in reliability and biological studies. The three-parameter Kumaraswamy Inverse Weibull distribution with…

Methodology · Statistics 2015-05-21 Felipe R. S. de Gusmão , Vera L. D. Tomazella , Ricardo S. Ehlers

As the maximum likelihood method is the most commonly used method for parameters estimation being unbiased, consistent, efficient, and asymptotically normal, MLE is used to fit the new distribution (MBUW). But in small to moderate sample…

Methodology · Statistics 2025-02-17 Iman Mohammed Attia

Models for extreme values are generally derived from limit results, which are meant to be good enough approximations when applied to finite samples. Depending on the speed of convergence of the process underlying the data, these…

Statistics Theory · Mathematics 2019-02-20 Thomas Lugrin , Anthony C. Davison , Jonathan A. Tawn

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

In this paper we study a broad class of distribution functions which is defined by means of reflected generalized beta distribution. This class includes that of Beta-generated distribution as a special case. In particular, we use this class…

Statistics Theory · Mathematics 2016-07-20 Ibrahim Elbatal , Francesca Condino , Filippo Domma

We develop a maximum likelihood estimating approach for time-to-event Weibull regression models with outcome-dependent sampling, where sampling of subjects is dependent on the residual fraction of the time left to developing the event of…

Applications · Statistics 2014-08-01 Brian D. M. Tom , Vernon T. Farewell , Sheila M. Bird

In this paper, we introduce a new class of distributions by compounding the exponentiated extended Weibull family and power series family. This distribution contains several lifetime models such as the complementary extended Weibull-power…

Other Statistics · Statistics 2015-03-31 Saeid Tahmasebi , Ali Akbar Jafari

The use of expectiles in risk management has recently gathered remarkable momentum due to their excellent axiomatic and probabilistic properties. In particular, the class of elicitable law-invariant coherent risk measures only consists of…

Statistics Theory · Mathematics 2023-03-21 Abdelaati Daouia , Simone A. Padoan , Gilles Stupfler

Constant-specified and exponential concentration inequalities play an essential role in the finite-sample theory of machine learning and high-dimensional statistics area. We obtain sharper and constants-specified concentration inequalities…

Statistics Theory · Mathematics 2022-07-04 Huiming Zhang , Haoyu Wei
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