A simple and efficient method for finding the closest generalized lambda distribution to a specific model
The four-parameter Generalized Lambda distribution (GLD) can be used to approximate many probability distributions. We present a simple and efficient two-stage process for finding optimal GLD parameters to approximate a specified distribution. The probability density quantile function is first used...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2019-01-01
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Series: | Cogent Mathematics & Statistics |
Subjects: | |
Online Access: | http://dx.doi.org/10.1080/25742558.2019.1602929 |