Lambert <i>W</i> Random Variables and Their Applications in Loss Modelling
Several distributions and families of distributions are proposed to model skewed data, e.g., with skew-normal and related distributions. Lambert <i>W</i> random variables offer an alternative approach in which, instead of constructing a new distribution, a certain transformation is propo...
Main Authors: | Meelis Käärik, Anne Selart, Tuuli Puhkim, Liivika Tee |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-10-01
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Series: | Symmetry |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-8994/15/10/1877 |
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