Bridging Extremes: The Invertible Bimodal Gumbel Distribution
This paper introduces a novel three-parameter invertible bimodal Gumbel distribution, addressing the need for a versatile statistical tool capable of simultaneously modeling maximum and minimum extremes in various fields such as hydrology, meteorology, finance, and insurance. Unlike previous bimodal...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-11-01
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Series: | Entropy |
Subjects: | |
Online Access: | https://www.mdpi.com/1099-4300/25/12/1598 |