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A Weighted Skew-Logistic Distribution with Applications to Environmental Data
oleh: Isaac Cortés, Jimmy Reyes, Yuri A. Iriarte
Format: | Article |
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Diterbitkan: | MDPI AG 2024-04-01 |
Deskripsi
Skewness and bimodality properties are frequently observed when analyzing environmental data such as wind speeds, precipitation levels, and ambient temperatures. As an alternative to modeling data exhibiting these properties, we propose a flexible extension of the skew-logistic distribution. The proposal corresponds to a weighted version of the skewed logistic distribution, defined by a parametric weight function that allows shapes with up to three modes for the resulting density. Parameter estimation via the maximum likelihood approach is discussed. Simulation experiments are carried out to evaluate the performance of the estimators. Applications to environmental data illustrating the utility of the proposal are presented.