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tweedi
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There are 6 letters in TWEEDI ( D2E1I1T1W4 )
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Definitions of tweedi in various dictionaries:
TWEEDI - In probability and statistics, the Tweedie distributions are a family of probability distributions which include the purely continuous normal and gam...
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In probability and statistics, the Tweedie distributions are a family of probability distributions which include the purely continuous normal and gamma distributions, the purely discrete scaled Poisson distribution, and the class of mixed compound Poisson–gamma distributions which have positive mass at zero, but are otherwise continuous. For any random variable Y that obeys a Tweedie distribution, the variance var(Y) relates to the mean E(Y) by the power law,* * * * Var * * ( * Y * ) * = * a * [ * E * * ( * Y * ) * * ] * * p * * * , * * * {\displaystyle \operatorname {Var} (Y)=a[\operatorname {E} (Y)]^{p},} * where a and p are positive constants. * The Tweedie distributions were named by Bent Jørgensen after Maurice Tweedie, a statistician and medical physicist at the University of Liverpool, UK, who presented the first thorough study of these distributions in 1984. |