The eschewed sinh-arcsinh <i>t</i> distribution

Abstract

Rosco et al. (2011) introduced and studied the sinh-arcsinh t (SAS-t) distribution. In this article, we introduce a modified version of that distribution which we call the eschewed sinh-arcsinh t (ESAS-t) distribution. The new proposal proves to be somewhat simpler than the former and, on balance, given the pros and cons listed in the article, we now recommend the ESAS-t distribution over the SAS-t distribution as the preferable version of a sinh-arcsinh t distribution