Polynomial logistic distribution associated with a cubic polynomial
No Thumbnail Available
Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
Taylor & Francis inc
Abstract
Let P(x) be a polynomial monotone increasing on ( - , +). The probability distribution possessing the distribution function is called the polynomial logistic distribution with associated polynomial P. This has recently been introduced by Koutras etal., who have also demonstrated its importance for modeling financial data. In this article, the properties of the polynomial logistic distribution with an associated polynomial of degree 3 have been investigated in detail. An example of polynomial logistic distribution describing daily exchange rate fluctuations for the US dollar versus the Turkish lira is provided.
Description
Aksoy, Umit/0000-0002-6014-1898
Keywords
Bimodal distribution, Exchange rates, Failure rate, Polynomial logistic distribution, Power logistic distribution, Primary 60E05, 62P05
Turkish CoHE Thesis Center URL
Citation
0
WoS Q
Q4
Scopus Q
Source
Volume
46
Issue
14
Start Page
7007
End Page
7019