Aksoy, UmitOstrovska, SofiyaOzban, Ahmet YasarMathematics2024-07-052024-07-05201700361-09261532-415X10.1080/03610926.2016.11407812-s2.0-85016239268https://doi.org/10.1080/03610926.2016.1140781https://hdl.handle.net/20.500.14411/578Aksoy, Umit/0000-0002-6014-1898Let 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.eninfo:eu-repo/semantics/closedAccessBimodal distributionExchange ratesFailure ratePolynomial logistic distributionPower logistic distributionPrimary 60E0562P05ArticleQ4461470077019WOS:000400164900024