A flexible bivariate distribution for count data expressing data dispersion
Kimberly S. Weems,
Kimberly F. Sellers and
Tong Li
Communications in Statistics - Theory and Methods, 2023, vol. 52, issue 13, 4692-4718
Abstract:
The bivariate Poisson distribution is a natural choice for modeling bivariate count data. Its constraining assumption, however, limits model flexibility in some contexts. This work considers the trivariate reduction method to construct a Bivariate Conway-Maxwell-Poisson (BCMP) distribution, which accommodates over- and under-dispersed data. The approach produces marginals that have a flexible form which includes several special case distributions for certain parameters. Moreover, this BCMP model performs well relative to other bivariate models for count data, including BCMP models based on different methods of construction. As a result, the trivariate-reduced BCMP distribution is a flexible alternative for modeling bivariate count data containing data dispersion.
Date: 2023
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/03610926.2021.1999474 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:lstaxx:v:52:y:2023:i:13:p:4692-4718
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/lsta20
DOI: 10.1080/03610926.2021.1999474
Access Statistics for this article
Communications in Statistics - Theory and Methods is currently edited by Debbie Iscoe
More articles in Communications in Statistics - Theory and Methods from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().