A Characterization of Power Method Transformations through L-Moments

Power method polynomial transformations are commonly used for simulating continuous nonnormal distributions with specified moments. However, conventional moment-based estimators can (a) be substantially biased, (b) have high variance, or (c) be influenced by outliers. In view of these concerns, a ch...

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Bibliographic Details
Main Author: Todd C. Headrick
Format: Article
Language:English
Published: Wiley 2011-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2011/497463
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