Mathematics (Oct 2023)

A Family of Truncated Positive Distributions

  • Héctor J. Gómez,
  • Karol I. Santoro,
  • Inmaculada Barranco-Chamorro,
  • Osvaldo Venegas,
  • Diego I. Gallardo,
  • Héctor W. Gómez

DOI
https://doi.org/10.3390/math11214431
Journal volume & issue
Vol. 11, no. 21
p. 4431

Abstract

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In this paper, a new family of continuous distributions with positive support is introduced. This family is generated by a truncation of the family of univariate symmetrical distributions. In this new family of distributions, general properties, such as moments, asymmetry and kurtosis coefficients, are derived. Particular cases of interest based on the normal, logistic, Laplace and Cauchy models are discussed in depth. The estimation of parameters is carried out by applying moments and maximum likelihood methods. Also, a simulation study was conducted to illustrate the good performance of estimators. An application to the Survival Times (in days) of Guinea Pigs dataset is included, where the special cases of distributions in this family are fitted. The option which provides the best fit is ultimately chosen. An R package, called “tpn”, has been implemented, which includes the relevant cases of interest in this family.

Keywords