2013/09/11 by Faton Merovcı, Faton Merovci, Merovci, Faton +2
Economics, Econometrics and Finance · Mathematics · #Advanced Statistical Methods and Models #FOS: Computer and information sciences #Financial Risk and Volatility Modeling #Methodology (stat.ME) #Statistical Distribution Estimation and Applications #stat.ME
paper · pdf · doi:10.48550/arxiv.1309.3774
20 pages, 6 figures. arXiv admin note: substantial text overlap with arXiv:1309.3268
openalex publication_date 2013/09/11 · arxiv created 2013/10/27 · arxiv updated 2013/10/29 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
A functional composition of the cumulative distribution function of one probability distribution with the inverse cumulative distribution function of another is called the transmutation map. In this article, we will use the quadratic rank transmutation map (QRTM) in order to generate a flexible family of probability distributions taking Lindley geometric distribution as the base value distribution by introducing a new parameter that would offer more distributional flexibility. It will be shown that the analytical results are applicable to model real world data.