Unit-log-symmetric models: characterization, statistical properties and their applications to analyzing an internet access data

We present here a unit-log-symmetric model based on the bivariate log-symmetric distribution discussed in recent literature. It is a flexible family of distributions over the interval (0, 1). We then discuss its mathematical properties such as stochastic representation, identifiability, symmetry, modality, moments, quantile function, entropy and maximum likelihood estimation, paying particular attention to the special cases of unit-log-normal, …