Properties and generation of representative points of the exponential distribution
Long-Hao Xu (893405062@qq.com),
Kai-Tai Fang (ktfang@uic.edu.cn) and
Ping He (heping@uic.edu.cn)
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Long-Hao Xu: BNU-HKBU United International College
Kai-Tai Fang: BNU-HKBU United International College
Ping He: BNU-HKBU United International College
Statistical Papers, 2022, vol. 63, issue 1, No 9, 197-223
Abstract:
Abstract It is known that the exponential distribution has many nice properties. Graf and Luschgy (2000) pointed out that the mean squared error of the set of representative points of the exponential distribution is fully determined by the smallest representative point. In this paper we concern with the representative points of the exponential distribution and find a number of new interesting properties. A new algorithm is proposed to effectively generate representative points of the exponential distribution. In addition, the performance of representative points of the exponential distribution is evaluated.
Keywords: Discrete approximation; Exponential distribution; Mean squared error; Principal points; Representative points (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:stpapr:v:63:y:2022:i:1:d:10.1007_s00362-021-01236-1
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DOI: 10.1007/s00362-021-01236-1
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