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Transmutation is a technique for extending classical probability distributions in order to give them more flexibility. In this paper, we are interested in cubic transmutations of the Pareto distribution. We establish a general formula that…

统计方法学 · 统计学 2025-03-14 Edoh Katchekpele , Issa Cherif Geraldo , Tchilabalo Abozou Kpanzou

Random variables of the generalized Pareto distribution, can be transformed to that of the Pareto distribution. Explicit expressions exist for the maximum likelihood estimators of the parameters of the Pareto distribution. The performance…

计算金融 · 定量金融 2018-11-06 J. Martin van Zyl

Motivated by the need for parametric families of rich and yet tractable distributions in financial mathematics, both in pricing and risk management settings, but also considering wider statistical applications, we investigate a novel…

统计金融 · 定量金融 2009-01-06 William T. Shaw , Ian R. C. Buckley

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…

统计方法学 · 统计学 2013-10-29 Faton Merovci , Ibrahim Elbatal

A method is described for predicting extremes values beyond the span of historical data. The method - based on extending a curve fitted to a location- and scale-invariant variation of the double-logarithmic QQ-plot - is simple and…

统计理论 · 数学 2014-08-08 Allan McRobie

The beta distribution is the best-known distribution for modelling doubly-bounded data, \eg percentage data or probabilities. A new generalization of the beta distribution is proposed, which uses a cubic transformation of the beta random…

统计方法学 · 统计学 2016-12-19 Rose Baker

The most popular approach in extreme value statistics is the modelling of threshold exceedances using the asymptotically motivated generalised Pareto distribution. This approach involves the selection of a high threshold above which the…

统计方法学 · 统计学 2014-05-27 Ioannis Papastathopoulos , Jonathan A. Tawn

In this study, a family of distributions called cubic lower record-based transmuted is provided. A special case of this family is proposed as an alternative exponential distribution. Several statistical properties are explored. We utilize…

统计方法学 · 统计学 2026-01-06 Caner Tanış

The skew-normal and the skew-$t$ distributions are parametric families which are currently under intense investigation since they provide a more flexible formulation compared to the classical normal and $t$ distributions by introducing a…

统计方法学 · 统计学 2012-03-13 Adelchi Azzalini , Reinaldo B. Arellano-Valle

A general quantum many-body theory in configuration space is developed by extending the traditional coupled cluter method (CCM) to a variational formalism. Two independent sets of distribution functions are introduced to evaluate the…

强关联电子 · 物理学 2009-11-07 Y. Xian

In this paper, we introduce the BMT distribution as an unimodal alternative to continuous univariate distributions supported on a bounded interval. The ideas behind the mathematical formulation of this new distribution come from computer…

统计理论 · 数学 2017-09-19 Camilo Jose Torres-Jimenez , Alvaro Mauricio Montenegro-Diaz

A new multivariate distribution possessing arbitrarily parametrized and positively dependent univariate Pareto margins is introduced. Unlike the probability law of Asimit et al. (2010) [Asimit, V., Furman, E. and Vernic, R. (2010) On a…

风险管理 · 定量金融 2016-07-19 Jianxi Su , Edward Furman

Varying domains and biased datasets can lead to differences between the training and the target distributions, known as covariate shift. Current approaches for alleviating this often rely on estimating the ratio of training and target…

机器学习 · 统计学 2020-10-27 Bijan Mazaheri , Siddharth Jain , Jehoshua Bruck

The gold standard for identifying causal relationships is a randomized controlled experiment. In many applications in the social sciences and medicine, the researcher does not control the assignment mechanism and instead may rely upon…

应用统计 · 统计学 2016-11-22 Johann Gagnon-Bartsch , Yotam Shem-Tov

Generalization methods offer a powerful solution to one of the key drawbacks of randomized controlled trials (RCTs): their limited representativeness. By enabling the transport of treatment effect estimates to target populations subject to…

统计方法学 · 统计学 2025-05-20 Ahmed Boughdiri , Clément Berenfeld , Julie Josse , Erwan Scornet

The univariate Piecing-Together approach (PT) fits a univariate generalized Pareto distribution (GPD) to the upper tail of a given distribution function in a continuous manner. A multivariate extension was established by Aulbach et al.…

概率论 · 数学 2012-11-13 Stefan Aulbach , Michael Falk , Martin Hofmann

We develop two novel approaches for constructing skewed and bimodal flexible distributions that can effectively generalize classical symmetric distributions. We illustrate the application of introduced techniques by extending normal,…

统计方法学 · 统计学 2021-07-01 Jamil Ownuk , Ahmad Nezakati , Hossein Baghishani

In this paper, we explore the modified Greenwood statistic, which, in contrast to the classical Greenwood statistic, is properly defined for random samples from any distribution. The classical Greenwood statistic, extensively examined in…

Parameter estimation is one of the most important tasks in statistics, and is key to helping people understand the distribution behind a sample of observations. Traditionally parameter estimation is done either by closed-form solutions…

机器学习 · 计算机科学 2024-03-04 Xiaoxin Yin , David S. Yin

A generalization of the generalized inverse Weibull distribution so-called transmuted generalized inverse Weibull dis- tribution is proposed and studied. We will use the quadratic rank transmutation map (QRTM) in order to generate a…

统计方法学 · 统计学 2013-09-16 Faton Merovci , Ibrahim Elbatal , Alaa Ahmed
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