Generalized Logistic Distribution
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Generalized Logistic Distribution
The term generalized logistic distribution is used as the name for several different families of probability distributions. For example, Johnson et al.Johnson, N.L., Kotz, S., Balakrishnan, N. (1995) ''Continuous Univariate Distributions, Volume 2'', Wiley. (pages 140–142) list four forms, which are listed below. #Type I, Type I has also been called the skew-logistic distribution. #Type IV, Type IV subsumes the other types and is obtained when applying the logit transform to beta distribution, beta random variates. Following the same convention as for the log-normal distribution, type IV may be referred to as the logistic-beta distribution, with reference to the standard logistic function, which is the inverse of the logit transform. For other families of distributions that have also been called generalized logistic distributions, see the shifted log-logistic distribution, which is a generalization of the log-logistic distribution; and the Metalog distribution, metalog ("meta-lo ...
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Probability Distributions
In probability theory and statistics, a probability distribution is a function that gives the probabilities of occurrence of possible events for an experiment. It is a mathematical description of a random phenomenon in terms of its sample space and the probabilities of events (subsets of the sample space). For instance, if is used to denote the outcome of a coin toss ("the experiment"), then the probability distribution of would take the value 0.5 (1 in 2 or 1/2) for , and 0.5 for (assuming that the coin is fair). More commonly, probability distributions are used to compare the relative occurrence of many different random values. Probability distributions can be defined in different ways and for discrete or for continuous variables. Distributions with special properties or for especially important applications are given specific names. Introduction A probability distribution is a mathematical description of the probabilities of events, subsets of the sample space. The sa ...
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