DOI QR코드

DOI QR Code

RECURRENCE RELATIONS FOR HIGHER ORDER MOMENTS OF A COMPOUND BINOMIAL RANDOM VARIABLE

  • Kim, Donghyun (Department of Mathematics, Pusan National University) ;
  • Kim, Yoora (Department of Mathematics, University of Ulsan)
  • 투고 : 2017.09.25
  • 심사 : 2018.01.23
  • 발행 : 2018.01.31

초록

We present new recurrence formulas for the raw and central moments of a compound binomial random variable. Our approach involves relating two compound binomial random variables that have parameters with a difference of 1 for the number of trials, but which have the same parameters for the success probability for each trial. As a consequence of our recursions, the raw and central moments of a binomial random variable are obtained in a recursive manner without the use of Stirling numbers.

키워드

참고문헌

  1. A. Benyi and S. M. Manago, A recursive formula for moments of a binomial distribution, The College Mathematics Journal 36 (2005), no. 1, 68-72. https://doi.org/10.2307/30044825
  2. N. De Pril, Moments of a class of compound distributions, Scandinavian Actuarial Journal (1986), no. 2, 117-120.
  3. L. Gonzalez and A. Santana, A generalization of a combinatorial identity with applications to higher binomial moments, Journal of Algebra, Number Theory: Advances and Applications 1 (2009), no. 2, 75-88.
  4. M. Griffiths, Raw and central moments of binomial random variables via Stirling numbers, International Journal of Mathematical Education in Science and Technology 44 (2013), no. 2, 264-272. https://doi.org/10.1080/0020739X.2012.678899
  5. R. W. Grubbstrom and O. Tang, The moments and central moments of a compound distribution, European Journal of Operational Research 170 (2006), no. 1, 106-119. https://doi.org/10.1016/j.ejor.2004.06.012
  6. O. Hesselager, A recursive procedure for calculation of some compound distributions, ASTIN Bulletin: The Journal of the IAA 24 (1994), no. 1, 19-32. https://doi.org/10.2143/AST.24.1.2005078
  7. A. Knoblauch, Closed-form expressions for the moments of the binomial probability distribution, SIAM Journal on Applied Mathematics 69 (2008), no. 1, 197-204. https://doi.org/10.1137/070700024
  8. M. Murat, Recurrence relations for moments of doubly compound distributions, International Journal of Pure and Applied Mathematics 79 (2012), no. 3, 481-492.
  9. M. Murat and D. Szynal, On moments of counting distributions satisfying the kth-order recursion and their compound distributions, Journal of Mathematical Sciences 92 (1998), no. 4, 4038-4043. https://doi.org/10.1007/BF02432340
  10. M. Murat, On computational formulas for densities and moments of compound distributions, Journal of Mathematical Sciences 99 (2000), no. 3, 1286-1299. https://doi.org/10.1007/BF02674088
  11. H. H. Panjer, Recursive evaluation of a family of compound distributions, ASTIN Bulletin: The Journal of the IAA 12 (1981), no. 1, 22-26. https://doi.org/10.1017/S0515036100006796
  12. E. Pekoz and S. M. Ross, Compound random variables, Probability in the Engineering and Informational Sciences 18 (2004), no. 4, 473-484. https://doi.org/10.1017/S0269964804184039
  13. B. Sundt, Some recursions for moments of compound distributions, Insurance: Mathematics and Economics 33 (2003), no. 3, 487-496. https://doi.org/10.1016/j.insmatheco.2003.09.002