On the Fitting of Pearson Curves to Sums of Independent Random Variables
Abstract
It is shown that the distribution of a sum of independent beta random variables is often well approximated by a properly scaled beta distribution. The relationship between the type of Pearson curve which best fits a sum of independent random variables and the types of the Pearson curves which best fit the sum and random variables is also investigated. The best fitting Pearson curve for a distribution is defined here to be the unique Pearson curve with the same first four moments.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 19, 1983
- Accession Number
- ADA133153
Entities
People
- Thomas Sellke
Organizations
- Stanford University