The Location-Scale Mixture Exponential Power Distribution: A Bayesian and Maximum Likelihood Approach

Table 3

Maximum likelihood estimates for fitting LSMEP(𝜇,𝜎,𝑝,𝛽,𝛼), SEP(𝜇,𝜎,𝜆,𝑝) distribution, and NSEP(𝜇,𝜎²,𝜆,𝜐) distribution to the rcc data.

Parameter	MLE of LSMEP	Se	MLE of SEP	Se	MLE of NSEP	Se
𝜇	4.3800	0.2932	4.7689	0.1442	4.7514	0.3029
𝜎	0.5001	0.0424	0.4752	0.0346	0.4580	0.0326
𝜆	—	—	−0.1447	0.4268	−0.0898	0.8288
𝜐	—	—	—	—	0.9996	0.0511
𝑝	2.6900	0.8405	2.2041	0.2545	—	—
𝛽	0.2811	0.2611	—	—	—	—
𝛼	7.4701	0.6649	—	—	—	—
AIC	260.1862		264.0664		264.9651
EDC	264.3988		267.4365		268.3352