The Extended Half-Skew Normal Distribution
Date Issued
2022
Author(s)
Santoro K.I.
Gómez H.J.
Gallardo D.I.
Barranco-Chamorro I.
Gómez H.W.
DOI
http://dx.doi.org/10.3390/math10203740
Abstract
A new class of densities for modelling non-negative data, which is based on the skew-symmetric family of distributions proposed by Azzalini is introduced.We focus on the model generated by the skew-normal distribution, called Extended Half Skew-Normal distribution. Its relevant properties are studied. These are pdf, cdf, moments, mgf, and stochastic representation. The parameters are estimated by moment and maximum likelihood methods. A simulation study to assess the performance of the maximum likelihood estimators in finite samples was carried out. Two real applications are included, in which the EHSN provides a better fit than other proposals in the literature. © 2022 by the authors.