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An Extension of the Akash Distribution: Properties, Inference and Application

Author

Listed:
  • Yolanda M. Gómez

    (Departamento de Estadística, Facultad de Ciencias, Universidad del Bío-Bío, Concepción 4081112, Chile)

  • Luis Firinguetti-Limone

    (Departamento de Estadística, Facultad de Ciencias, Universidad del Bío-Bío, Concepción 4081112, Chile)

  • Diego I. Gallardo

    (Departamento de Estadística, Facultad de Ciencias, Universidad del Bío-Bío, Concepción 4081112, Chile)

  • Héctor W. Gómez

    (Departamento de Estadística y Ciencias de Datos, Facultad de Ciencias Básicas, Universidad de Antofagasta, Antofagasta 1240000, Chile)

Abstract

In this article we introduce an extension of the Akash distribution. We use the slash methodology to make the kurtosis of the Akash distribution more flexible. We study the general probability density function of this new model, some properties, moments, skewness and kurtosis coefficients. Statistical inference is performed using the methods of moments and maximum likelihood via the EM algorithm. A simulation study is carried out to observe the behavior of the maximum likelihood estimator. An application to a real data set with high kurtosis is considered, where it is shown that the new distribution fits better than other extensions of the Akash distribution.

Suggested Citation

  • Yolanda M. Gómez & Luis Firinguetti-Limone & Diego I. Gallardo & Héctor W. Gómez, 2023. "An Extension of the Akash Distribution: Properties, Inference and Application," Mathematics, MDPI, vol. 12(1), pages 1-15, December.
  • Handle: RePEc:gam:jmathe:v:12:y:2023:i:1:p:31-:d:1305312
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    References listed on IDEAS

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    1. Neveka Olmos & Héctor Varela & Héctor Gómez & Heleno Bolfarine, 2012. "An extension of the half-normal distribution," Statistical Papers, Springer, vol. 53(4), pages 875-886, November.
    2. William H. Rogers & John W. Tukey, 1972. "Understanding some long‐tailed symmetrical distributions," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 26(3), pages 211-226, September.
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