Benktander distribution of the first kind
Parameters (real)
(real)
Support
PDF
CDF
Mean
Variance [note 1]

The Benktander type I distribution is one of two distributions introduced by Gunnar Benktander (1970) to model heavy-tailed losses commonly found in non-life/casualty actuarial science, using various forms of mean excess functions (Benktander & Segerdahl 1960). The distribution of the first type is "close" to the log-normal distribution (Kleiber & Kotz 2003).

See also

Notes

References