| Abstract |
This working paper presents simple statistical distributions useful for decision analysis. For a concise summary of some twenty-eight commonly used distributions and their associated functions, see Hastings and Peacock (1974). This reference does not include the distributions described below; hence the raison d'etre of this working paper. For a brief discussion of decision analysis, see Budnick, et al (1977). The distributions presented are (1) the triangular distribution, (a) an extension of the triangular distribution (the rocket distribution) which allows "fat tail(s)" and (3) the V distribution. [NOT CONTROLLED OCR] |
