A Modified Family of Power Transformations
A modified family of power transformation, called the dual power transformation, is proposed. The new transformation is shown to possess properties similar to those of the well-known Box-Cox power transformation, but overcomes the long-standing truncation problem of the latter. It generates a rich f...
Saved in:
| Main Author: | |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2006
|
| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/179 https://ink.library.smu.edu.sg/context/soe_research/article/1178/viewcontent/Modified_family_of_power_transformations_2006.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Singapore Management University |
| Language: | English |
| Summary: | A modified family of power transformation, called the dual power transformation, is proposed. The new transformation is shown to possess properties similar to those of the well-known Box-Cox power transformation, but overcomes the long-standing truncation problem of the latter. It generates a rich family of distributions that is seen to be very useful in modeling and analysis of durations and event-times. |
|---|