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

Table 4

Bayesian 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	Bayes estimates of LSMEP	Se	Bayes estimates of SEP	Se	Bayes estimates of NSEP	Se
𝜇	4.3310	0.2211	4.7767	0.1446	4.7567	0.0814
𝜎	0.4594	0.0374	0.4788	0.0361	0.4588	0.0332
𝜆	—	—	−0.1224	0.4274	−0.0938	0.2028
𝜐	—	—	—	—	0.9106	0.0455
𝑝	2.7019	0.6869	2.3339	0.2539	—	—
𝛽	0.3076	0.1910	—	—	—	—
𝛼	7.4884	0.6246	—	—	—	—
AIC	256.1897		264.3211		316.9519
EDC	260.4024		267.6912		320.3221