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A basic assumption in distribution fitting is that a single family of distributions may deliver useful representation to the universe of available distributions. To date, little study has been conducted to compare the relative effectiveness of these families. In this article, five families are compared by fitting them to a sample of 20 distributions, using 2 fitting objectives: minimization of the L 2 norm and four-moment matching. Values of L 2 norm associated with the fitted families are used as input data to test for significant differences. The Pearson family and the RMM (Response Modeling Methodology) family significantly outperforms all other families. 相似文献
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