Weibull++ Standard Folio Data Generalized Gamma: Difference between revisions

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Revision as of 17:06, 6 March 2012

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Standard Folio Generalized Gamma
Weibull++

While not as frequently used for modeling life data as the previous distributions, the generalized gamma distribution does have the ability to mimic the attributes of other distributions such as the Weibull or lognormal, based on the values of the distribution's parameters. While the generalized gamma distribution is not often used to model life data by itself , its ability to behave like other more commonly-used life distributions is sometimes used to determine which of those life distributions should be used to model a particular set of data.


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