The Standard Two-Sided Power Distribution and its Properties: With Applications in Financial Engineering
نویسندگان
چکیده
This article discusses a family of distributions which would seem not to receive proper attention in the literature. The twoparameter distribution is introduced with an application in the financial engineering domain. Special cases of this family include the triangular distribution, the standard power function distribution, and the uniform distribution. Properties of the distribution are investigated and the maximum likelihood estimation procedure for its two parameters is derived. The flexibility of the family as compared to that of the beta family is discussed.
منابع مشابه
two- sided power distribution
In this paper, a new family of distributions with many applications in financial engineering have been introduced. This distribution contains important statistical distributions such as the triangular, exponential and uniform distribution. Initially considered a special case of this distribution And then survey The important features of it. How to calculate maximum likelihood estimates are pres...
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