Friday and Patil's Bivariate Exponential Distribution with Application to Drought Data

Saralees Nadarajah and Arjun Gupta

Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), 2006, vol. 20, issue 5, 749-759

Abstract: Motivated by hydrological applications, we derive the exact distributions of R=X + Y, P=XY and W=X/(X+Y) and the corresponding moment properties when X and Y follow Friday and Patil's bivariate exponential distribution. An application of the results is provided to drought data from Nebraska. Copyright Springer Science+Business Media, Inc. 2006

Keywords: drought modeling; Friday and Patil's bivariate exponential distribution; product of random variables; ratio of random variables; sum of random variables (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1007/s11269-005-9005-z

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