Quantile ridge beta regression model and Bayesian regularized quantile beta regression for solving the skewness and improving the accuracy of the model selection in bounded data
Skewed distributions have an additional shape parameter that represents the direction of the asymmetry in the density. If skewness in observations is ignored, statistical inferences based on symmetric distributions may yield biased or even misleading conclusions. Bayesian regularized quantile regression (BRQR) is effec...