Modelling Heavy Tailed Phenomena Using a LogNormal Distribution Having a Numerically Verifiable Infinite Variance
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DOI: 10.3390/math11071758
Abstract: One-sided heavy tailed distributions have been used in many engineering applications, ranging from teletraffic modelling to financial engineering. In practice, the most interesting heavy tailed distributions are those having a finite mean and a diverging… read more here.
Keywords: lognormal distribution; modelling heavy; heavy tailed; variance ... See more keywords