This paper examines further the problem of approximating the distribution of a continuous random variable based on three key percentiles, typically the median (50th percentile) and the 5% points (5th ...

Journal of the Royal Statistical Society. Series D (The Statistician), Vol. 46, No. 3 (1997), pp. 387-398 (12 pages) The beta distribution is seen as a suitable model in risk analysis because it ...

In the coming weeks you’ll see a new forecasting methodology rolled into the economic previews that routinely appear on The Capital Spectator (see here, for instance). As a brief introduction, let’s ...