正分布分量比值的边界条件

Boundary Conditions for Ratios with Positively Distributed Components

Journal of Business Finance & Accounting · 1997
被引 9
人大 A-ABS 3

中文导读

研究分子为分母一部分的两个正分布变量比值的统计性质,提出Johnson有界分布作为模型,并用英国公司财务比率数据验证拟合优度。

Abstract

This paper describes the statistical properties of the ratio of two positively distributed variables where the numerator is a component of the denominator and where, therefore, the ratio has implicit boundaries of 0 and 1. Johnson's bounded distribution (the S B ) is suggested as a model for ratios of this type, and is derived in this paper as a ratio of lognormal variates. An empirical analysis of bounded financial ratios of UK companies confirms the goodness of fit.

有界比率Johnson有界分布对数正态变量财务比率