(2005). An Alternative Family of Power Transformations. test, 49(2), 130-143. doi: 10.21608/esju.2005.313561
. "An Alternative Family of Power Transformations". test, 49, 2, 2005, 130-143. doi: 10.21608/esju.2005.313561
(2005). 'An Alternative Family of Power Transformations', test, 49(2), pp. 130-143. doi: 10.21608/esju.2005.313561
An Alternative Family of Power Transformations. test, 2005; 49(2): 130-143. doi: 10.21608/esju.2005.313561

An Alternative Family of Power Transformations

The Egyptian Statistical Journal
Article 3, Volume 49, Issue 2, December 2005, Pages 130-143
Document Type: Original Article
DOI: 10.21608/esju.2005.313561
Abstract
The Box-Cox regression transformation has been widely used in applied economics. However, there has been very limited discussion of this transformation when data are truncated. This paper considers an alternative family of power transformation, called the Dual Power Transformation, to overcome the truncation problem of the Box-Cox power transformation. It generates a rich family of distributions that is seen to be very useful in modeling and analysis of economic applications. Empirical results presented are more favorable to the alternative transformation than to the Box-Cox power transformation in terms of model fit.
 
Keywords
Box; Cox Power Transformation; Transformed Regression Model; Dual Power Transformation; Trans; Normal Distribution
Statistics
Article View: 49