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• W2023977275 startingPage "2276" @default.
• W2023977275 abstract "Generalized lambda distribution (GLD) is a flexible distribution that can represent a wide variety of distributional shapes. This property of the GLD has made it very popular in simulation input modeling in recent years, and several fitting methods for estimating the parameters of the GLD have been proposed. Nevertheless, there appears to be a lack of insights about the performances of these fitting methods in estimating the parameters of the GLD for a variety of distributional shapes and input data. Our primary goal in this article is to compare the goodness-of-fits of the popular fitting methods in estimating the parameters of the GLD introduced in Freimer et al. (1988 Freimer, M., Mudholkar, G., Kollia, G., Lin, C. (1988). A study of the Generalized Tukey Lambda family. Communications in Statistics-Theory and Methods 17:3547–3567.[Taylor & Francis Online], [Web of Science ®] , [Google Scholar]), i.e., Freimer–Mudholkar–Kollia–Lin (FMKL) GLD, and provide guidelines to the simulation practitioner about when to use each method. We further describe the use of the genetic algorithm for the FMKL GLD, and investigate the performances of the suggested methods in modeling the daily exchange rates of eight currencies." @default.
• W2023977275 created "2016-06-24" @default.
• W2023977275 creator A5046703184 @default.
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• W2023977275 date "2015-01-27" @default.
• W2023977275 modified "2023-10-06" @default.
• W2023977275 title "Estimating the Parameters of the Generalized Lambda Distribution: Which Method Performs Best?" @default.
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• W2023977275 doi "https://doi.org/10.1080/03610918.2014.901355" @default.
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