The location-scale mixture exponential power distribution: A Bayesian and maximum likelihood approach

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. © 2012 Z. Rahnamaei et al.