Family of bivariate distributions on the unit square: theoretical properties and applications.
Roberto VilaNarayanaswamy BalakrishnanHelton SauloPeter ZörnigPublished in: Journal of applied statistics (2023)
We introduce the bivariate unit-log-symmetric model based on the bivariate log-symmetric distribution (BLS) defined in Vila et al. [25] as a flexible family of bivariate distributions over the unit square. We then study its mathematical properties such as stochastic representations, quantiles, conditional distributions, independence of the marginal distributions and marginal moments. Maximum likelihood estimation method is discussed and examined through Monte Carlo simulation. Finally, the proposed model is used to analyze some soccer data sets.