The Lognormal Distribution Is Characterized by Its Integer Moments

The lognormal moment sequence is considered. Using the fractional moments technique, it is first proved that the lognormal has the largest differential entropy among the infinite positively supported probability densities with the same lognormal-moments. Then, relying on previous theoretical results...

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Main Authors: Pier Luigi Novi Inverardi, Aldo Tagliani
Format: Article
Language:English
Published: MDPI AG 2024-12-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/12/23/3830
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author Pier Luigi Novi Inverardi
Aldo Tagliani
author_facet Pier Luigi Novi Inverardi
Aldo Tagliani
author_sort Pier Luigi Novi Inverardi
collection DOAJ
description The lognormal moment sequence is considered. Using the fractional moments technique, it is first proved that the lognormal has the largest differential entropy among the infinite positively supported probability densities with the same lognormal-moments. Then, relying on previous theoretical results on entropy convergence obtained by the authors concerning the indeterminate Stieltjes moment problem, the lognormal distribution is accurately reconstructed by the maximum entropy technique using only its integer moment sequence, although it is not uniquely determined by moments.
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spelling doaj-art-06cc26c32e554a3292ab2e4adb3a7e8e2025-08-20T02:38:39ZengMDPI AGMathematics2227-73902024-12-011223383010.3390/math12233830The Lognormal Distribution Is Characterized by Its Integer MomentsPier Luigi Novi Inverardi0Aldo Tagliani1Department of Economics and Management, University of Trento, 38122 Trento, ItalyDepartment of Economics and Management, University of Trento, 38122 Trento, ItalyThe lognormal moment sequence is considered. Using the fractional moments technique, it is first proved that the lognormal has the largest differential entropy among the infinite positively supported probability densities with the same lognormal-moments. Then, relying on previous theoretical results on entropy convergence obtained by the authors concerning the indeterminate Stieltjes moment problem, the lognormal distribution is accurately reconstructed by the maximum entropy technique using only its integer moment sequence, although it is not uniquely determined by moments.https://www.mdpi.com/2227-7390/12/23/3830differential entropyfractional momentslognormal distributionmaximum entropyindeterminate stieltjes moment problem
spellingShingle Pier Luigi Novi Inverardi
Aldo Tagliani
The Lognormal Distribution Is Characterized by Its Integer Moments
Mathematics
differential entropy
fractional moments
lognormal distribution
maximum entropy
indeterminate stieltjes moment problem
title The Lognormal Distribution Is Characterized by Its Integer Moments
title_full The Lognormal Distribution Is Characterized by Its Integer Moments
title_fullStr The Lognormal Distribution Is Characterized by Its Integer Moments
title_full_unstemmed The Lognormal Distribution Is Characterized by Its Integer Moments
title_short The Lognormal Distribution Is Characterized by Its Integer Moments
title_sort lognormal distribution is characterized by its integer moments
topic differential entropy
fractional moments
lognormal distribution
maximum entropy
indeterminate stieltjes moment problem
url https://www.mdpi.com/2227-7390/12/23/3830
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