The Touchard distribution |
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Authors: | Raul Matsushita Donald Pianto Bernardo B. De Andrade Andre Cançado Sergio Da Silva |
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Affiliation: | 1. Department of Statistics, University of Brasilia, Brasilia, Brazil;2. Graduate Program in Economics, Federal University of Santa Catarina, Florianopolis, Brazil |
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Abstract: | We present a novel model, which is a two-parameter extension of the Poisson distribution. Its normalizing constant is related to the Touchard polynomials, hence the name of this model. It is a flexible distribution that can account for both under- or overdispersion and concentration of zeros that are frequently found in non-Poisson count data. In contrast to some other generalizations, the Hessian matrix for maximum likelihood estimation of the Touchard parameters has a simple form. We exemplify with three data sets, showing that our suggested model is a competitive candidate for fitting non-Poisson counts. |
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Keywords: | Generalized power series distribution Overdispersion Poisson distribution Touchard distribution Underdispersion Zero-inflated distribution. |
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