This paper examines further the problem of approximating the distribution of a continuous random variable based on three key percentiles, typically the median (50th percentile) and the 5% points (5th ...

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables, ...

The LIFEREG Procedure can be used to perform a Tobit analysis. The Tobit model, described by Tobin (1958), is a regression model for left censored data assuming a ...

A new algorithm is presented for simulating stable random variables on a digital computer for arbitrary characteristic exponent $\alpha(0 < \alpha \leq 2)$ and skewness parameter β(-1 ≤ β ≤ 1). The ...