Abstract:In this study, we define a generalized hyperbolic secant distribution. Poor
fit to heavy tailed data sets is repeatedly obtained by existing
three-parameter distributions. Only three parameters are considered in the
proposed new distribution and it fits a heavy left- and right-tailed data
better than various existing distributions. We study some properties of the
new distribution, namely, mode, skewness, kurtosis, hazard function,
moments, mean deviation, and Shannon entropy. Seven different … Show more
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