Generalized Hyperbolic Secant Distributions

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53,49 

With Applications to Finance, SpringerBriefs in Statistics

ISBN: 3642451373
ISBN 13: 9783642451379
Autor: Fischer, Matthias J
Verlag: Springer Verlag GmbH
Umfang: viii, 72 S., 13 s/w Illustr., 4 farbige Illustr., 72 p. 17 illus., 4 illus. in color.
Erscheinungsdatum: 15.01.2014
Auflage: 1/2014
Produktform: Kartoniert
Einband: Kartoniert

Beschreibung

Among the symmetrical distributions with an infinite domain, the most popular alternative to the normal variant is the logistic distribution as well as the Laplace or the double exponential distribution, which was first introduced in 1774. Occasionally, the Cauchy distribution is also used. Surprisingly, the hyperbolic secant distribution has led a charmed life, although Manoukian and Nadeau had already stated in 1988 that. the hyperbolic-secant distribution. has not received sufficient attention in the published literature and may be useful for students and practitioners. During the last few years, however, several generalizations of the hyperbolic secant distribution have become popular in the context of financial return data because of its excellent fit. Nearly all of them are summarized within this Springer Brief.

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