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The aim of this article is to obtain a simple and efficient estimator of the index parameter of symmetric stable distribution that holds universally, i.e., over the entire range of the parameter. We appeal to directional statistics on the classical result on wrapping of a distribution in...
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The family of Symmetric Wrapped Stable (SWS) distributions can be widely used for modelling circular data. Mixtures of Circular Uniform (CU) with the former also have applications as a larger family of circular distributions to incorporate possible outliers. Restricting ourselves to such a...
Persistent link: https://www.econbiz.de/10005458269
A new model combining parametric and semi-parametric approaches and following the lines of a semi-Markov model is developed for multi-stage processes. A Bivariate sojourn time distribution derived from the bivariate exponential distribution of Marshall & Olkin (1967) is adopted. The results...
Persistent link: https://www.econbiz.de/10005458442
A family of possibly asymmetric distributions on the unit hyper-disc with center at the origin is proposed. The paper presents a non-trivial multivariate generalization of the Möbius distribution on the unit disc. The family is obtained by applying a conformal mapping to the spherically...
Persistent link: https://www.econbiz.de/10011189585
In this paper, we propose a three-parameter generalized von Mises distribution, called the asymmetric generalized von Mises (AGvM) distribution, which is an extension of the von Mises (vM) distribution, and a subclass of the generalized von Mises (GvM) distribution introduced by Gatto and...
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Predictive density for a future observation is derived when the given data comes from circular or spherical distributions. Model robustness of these predictive densities for the circular case is exhibited. Predictive intervals corresponding to the highest density regions are derived and an...
Persistent link: https://www.econbiz.de/10005074636
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