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Activity Number: 349 - Novel Distributions and Tests
Type: Contributed
Date/Time: Wednesday, August 5, 2020 : 10:00 AM to 2:00 PM
Sponsor: Section on Risk Analysis
Abstract #309807
Title: Approximate Tail Probabilities of a Compound Logarithmic Distribution
Author(s): Ranee Thiagarajah*
Companies: Illinois State University
Keywords: Compound Distribution; Tail Probability ; Approximate Method; Logarithmic distribution
Abstract:

This paper deals with the problem of approximating the tail probabilities of a compound logarithmic distribution. For this problem, we discuss several approximations based on the four lowest moments. Numerical comparisons are made with the exact probabilities in terms of relative errors. The exact probabilities are obtained through simulations.


Authors who are presenting talks have a * after their name.

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