On the approximation of sum of lognormal for correlated variates and implementation.
In probabilistic modeling across engineering, finance, and telecommunications, sums of lognormal random variables frequently occur, yet no closed-form expression exists for their distribution. This study systematically evaluates three approximation methods-Wilkinson (W), Schwartz & Yeh (SY), and...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2025-01-01
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| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0325647 |
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