L-Laplace Processes
Abstract
A broad family of symmetric, thick tailed distributions, the small l- Laplace distributions, is described. These are natural generalizations of the Laplace distribution. A family of random coefficient Autoregressive Moving Average processes with small l-Laplace marginal distributions is constructed and its properties are explored. Extensions to ARIMA processes are considered. The first order autoregression with a standard Laplace marginal distribution is examined in detail and different estimates of the autoregressive parameter are compared theoretically and by simulation.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 01, 1988
- Accession Number
- ADA202143
Entities
People
- Edward Mckenzie
- Lee S. Dewald Sr
- Peter A. Lewis
Organizations
- Naval Postgraduate School