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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Generalized Hyperbolic Secant Distributions: With Applications to Finance

Generalized Hyperbolic Secant Distributions: With Applications to Finance

Fischer, Matthias J.

Paperback

Series: Springerbriefs in Statistics

Business GeneralGeneral MathematicsProbability & Statistics

ISBN10: 3642451373
ISBN13: 9783642451379
Publisher: Springer Nature
Published: Jan 15 2014
Pages: 72
Weight: 0.28
Height: 0.17 Width: 6.14 Depth: 9.21
Language: English
​Among the symmetrical distributions with an infinite domain, the most popular alternative to the normal variant is the logistic distribution as well as the Laplace or the double exponential distribution, which was first introduced in 1774. Occasionally, the Cauchy distribution is also used. Surprisingly, the hyperbolic secant distribution has led a charmed life, although Manoukian and Nadeau had already stated in 1988 that ... the hyperbolic-secant distribution ... has not received sufficient attention in the published literature and may be useful for students and practitioners. During the last few years, however, several generalizations of the hyperbolic secant distribution have become popular in the context of financial return data because of its excellent fit. Nearly all of them are summarized within this Springer Brief.

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