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Discrete distributions and purchasing models |
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| Authors: | C Chatfield |
| Affiliation: | School of Mathematics , Bath University , Bath, Avon, BA2 7AY, UK |
| Abstract: | Ihis paper reviews the use of different discrete distributions in the modelling of consumer purchasing behaviour.. A feature of the work is the extensive empirical validation of the models. Some interesting characterizations are briefly discussed.. Ihe paper concludes with some unresolved problems and suggested areas for future research |
| Keywords: | consumer purchasing negative binomial distribution gamma distribution logarithmic series distribution Erlang distribution inverse Gaussian distribution beta-binomial distribution Dirichlet distribution characterizations |