The Location-Scale Mixture Exponential Power Distribution: A Bayesian and Maximum Likelihood Approach

Z. Rahnamaei, N. Nematollahi and R. Farnoosh

Journal of Applied Mathematics, 2012, vol. 2012, 1-14

Abstract:

We introduce an alternative skew-slash distribution by using the scale mixture of the exponential power distribution. We derive the properties of this distribution and estimate its parameter by Maximum Likelihood and Bayesian methods. By a simulation study we compute the mentioned estimators and their mean square errors, and we provide an example on real data to demonstrate the modeling strength of the new distribution.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnljam:978282

DOI: 10.1155/2012/978282

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