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Log-symmetric quantile regression models
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Log-symmetric quantile regression models

Abstract

Regression models based on the log-symmetric family of distributions are particularly useful when the response is strictly positive and asymmetric. In this paper, we propose a class of quantile regression models based on reparameterized log-symmetric distributions, which have a quantile parameter. Two Monte Carlo simulation studies are carried out using the R software. The first one analyzes the performance of the maximum likelihood estimators, the information criteria AIC, BIC and AICc, and the generalized Cox-Snell and random quantile residuals. The second one evaluates the performance of the size and power of the Wald, likelihood ratio, score and gradient tests. A real box office data set is finally analyzed to illustrate the proposed approach.

Authors

Saulo H; Dasilva A; Leiva V; Sánchez L

Publication date

October 18, 2020

DOI

10.48550/arxiv.2010.09176

Preprint server

arXiv
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