Balakrishnan Alpha Skew Normal Distribution: Properties and Applications
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In this paper a new type of alpha skew distribution is proposed under Balakrishnan Mechanism and some of its related distributions are investigated. The moments and distributional properties are also studied. Suitability of the proposed distribution is tested by conducting data fitting experiments and model adequacy is checked via AIC, BIC in comparison with some related distributions. Likelihood ratio test is carried out to discriminate between normal and proposed distribution.
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