期刊名称:Pakistan Journal of Statistics and Operation Research
印刷版ISSN:2220-5810
出版年度:2021
卷号:17
期号:1
页码:79-88
DOI:10.18187/pjsor.v17i1.3411
语种:English
出版社:College of Statistical and Actuarial Sciences
摘要:In this paper, we use a regression model for modeling bounded outcome scores (BOS), where the outcome is Kumaraswamy distributed. Similar to the Beta distribution, this distribution can take a variety of shapes while being computationally easier to use. Thus, it is deemed as a suitable alternative distribution to the Beta in modeling bounded random processes. In the proposed model, the median of a bounded response is modeled by the linear predictors which is defined through regression parameters and explanatory variables. We obtained the maximum likelihood estimates (MLE) of the parameters, provided closed-form expressions for the score functions and Fisher information matrix, and presented some diagnostic measures. We conducted Monte Carlo simulations to investigate the finite-sample performance of the MLEs of the parameters. Finally, two practical applications of this model to the real data sets are presented and discussed.