The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate
In this article, a new class of alpha skew truncated Cauchy distribution is proposed by considering Balakrishnan methodology and investigated some of its related distributions. This article also derive various properties of this distribution along with its moments. The proposed distribution is app...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2020
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| Online Access: | http://journalarticle.ukm.my/15952/ http://journalarticle.ukm.my/15952/1/22.pdf |
| _version_ | 1848813926994673664 |
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| author | Shah, Sricharan Hazarika, Partha Jyoti Chakraborty, Subrata |
| author_facet | Shah, Sricharan Hazarika, Partha Jyoti Chakraborty, Subrata |
| author_sort | Shah, Sricharan |
| building | UKM Institutional Repository |
| collection | Online Access |
| description | In this article, a new class of alpha skew truncated Cauchy distribution is proposed by considering Balakrishnan
methodology and investigated some of its related distributions. This article also derive various properties of this
distribution along with its moments. The proposed distribution is applied in modeling currency exchange rate data
with some other existing distributions, viz., skewed Cauchy distribution, skewed truncated Cauchy distribution, truncated
skew Cauchy uniform distribution, doubly truncated skew Cauchy distribution, and alpha skew truncated Cauchy
distribution. Based on the model selection criteria, Akaike Information Criteria (AIC) and Bayesian Information
Criteria (BIC), the proposed distribution has shown significant improvement in modeling exchange rate dataset. |
| first_indexed | 2025-11-15T00:25:57Z |
| format | Article |
| id | oai:generic.eprints.org:15952 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:25:57Z |
| publishDate | 2020 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:159522020-12-10T21:20:44Z http://journalarticle.ukm.my/15952/ The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate Shah, Sricharan Hazarika, Partha Jyoti Chakraborty, Subrata In this article, a new class of alpha skew truncated Cauchy distribution is proposed by considering Balakrishnan methodology and investigated some of its related distributions. This article also derive various properties of this distribution along with its moments. The proposed distribution is applied in modeling currency exchange rate data with some other existing distributions, viz., skewed Cauchy distribution, skewed truncated Cauchy distribution, truncated skew Cauchy uniform distribution, doubly truncated skew Cauchy distribution, and alpha skew truncated Cauchy distribution. Based on the model selection criteria, Akaike Information Criteria (AIC) and Bayesian Information Criteria (BIC), the proposed distribution has shown significant improvement in modeling exchange rate dataset. Penerbit Universiti Kebangsaan Malaysia 2020-10 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/15952/1/22.pdf Shah, Sricharan and Hazarika, Partha Jyoti and Chakraborty, Subrata (2020) The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate. Sains Malaysiana, 49 (10). pp. 2565-2571. ISSN 0126-6039 http://www.ukm.my/jsm/malay_journals/jilid49bil10_2020/KandunganJilid49Bil10_2020.html |
| spellingShingle | Shah, Sricharan Hazarika, Partha Jyoti Chakraborty, Subrata The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate |
| title | The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate |
| title_full | The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate |
| title_fullStr | The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate |
| title_full_unstemmed | The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate |
| title_short | The Balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate |
| title_sort | balakrishnan alpha skew truncated cauchy distribution with applications in modelling currency exchange rate |
| url | http://journalarticle.ukm.my/15952/ http://journalarticle.ukm.my/15952/ http://journalarticle.ukm.my/15952/1/22.pdf |