Lognormal genesis
- 1 June 1981
- journal article
- research article
- Published by Cambridge University Press (CUP) in Journal of Applied Probability
- Vol. 18 (02) , 542-547
- https://doi.org/10.1017/s0021900200098223
Abstract
Models have been proposed in many diverse areas to generate a lognormal distribution and the underlying idea has always been some form of the law of proportionate effect. In a sense any model must resemble this recipe: take logs and apply the central limit theorem. Our model is no exception. However our formulation is designed to encompass the previous models and demonstrate that the fundamental concept is one of classification. This supersedes a multitude of models which incorporate a mechanism peculiar to a specific application in order to use the law of proportionate effect; we illustrate with applications of the model to ecology, econometrics and geostatistics.Keywords
This publication has 2 references indexed in Scilit:
- Distinguishing a Sequence of Random Variables from a Translate of ItselfThe Annals of Mathematical Statistics, 1965
- Random AlmsThe Annals of Mathematical Statistics, 1944