Benktander Weibull Distribution
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Benktander Weibull Distribution
The Benktander type II distribution, also called the Benktander distribution of the second kind, is one of two distributions introduced by Gunnar to model heavy-tailed losses commonly found in non-life/casualty actuarial science, using various forms of mean excess functions . This distribution is "close" to the Weibull distribution . See also * Weibull distribution In probability theory and statistics, the Weibull distribution is a continuous probability distribution. It models a broad range of random variables, largely in the nature of a time to failure or time between events. Examples are maximum on ... * Benktander type I distribution Notes References * * * {{ProbDistributions, continuous-semi-infinite Continuous distributions ...
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Real Number
In mathematics, a real number is a number that can be used to measure a continuous one- dimensional quantity such as a duration or temperature. Here, ''continuous'' means that pairs of values can have arbitrarily small differences. Every real number can be almost uniquely represented by an infinite decimal expansion. The real numbers are fundamental in calculus (and in many other branches of mathematics), in particular by their role in the classical definitions of limits, continuity and derivatives. The set of real numbers, sometimes called "the reals", is traditionally denoted by a bold , often using blackboard bold, . The adjective ''real'', used in the 17th century by René Descartes, distinguishes real numbers from imaginary numbers such as the square roots of . The real numbers include the rational numbers, such as the integer and the fraction . The rest of the real numbers are called irrational numbers. Some irrational numbers (as well as all the rationals) a ...
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Lambert W Function
In mathematics, the Lambert function, also called the omega function or product logarithm, is a multivalued function, namely the Branch point, branches of the converse relation of the function , where is any complex number and is the exponential function. The function is named after Johann Heinrich Lambert, Johann Lambert, who considered a related problem in 1758. Building on Lambert's work, Leonhard Euler described the function per se in 1783. For each integer there is one branch, denoted by , which is a complex-valued function of one complex argument. is known as the principal branch. These functions have the following property: if and are any complex numbers, then : w e^ = z holds if and only if : w=W_k(z) \ \ \text k. When dealing with real numbers only, the two branches and suffice: for real numbers and the equation : y e^ = x can be solved for only if ; yields if and the two values and if . The Lambert function's branches cannot be expressed in terms o ...
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Wolfram Alpha
WolframAlpha ( ) is an answer engine developed by Wolfram Research. It is offered as an online service that answers factual queries by computing answers from externally sourced data. History Launch preparations for WolframAlpha began on May 15, 2009, at 7:00 pm CDT with a live broadcast on Justin.tv. The plan was to publicly launch the service a few hours later. However, there were issues due to extreme load. The service officially launched on May 18, 2009, receiving mixed reviews. The engine is based on Wolfram's earlier product Wolfram Mathematica, a technical computing platform. The coding is written in Wolfram Language, a general multi-paradigm programming language, and implemented in Mathematica. WolframAlpha gathers data from academic and commercial websites such as the CIA's ''The World Factbook'', the United States Geological Survey, a Cornell University Library publication called ''All About Birds'', '' Chambers Biographical Dictionary'', Dow Jones, the ''Cat ...
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Exponential Integral
In mathematics, the exponential integral Ei is a special function on the complex plane. It is defined as one particular definite integral of the ratio between an exponential function and its argument. Definitions For real non-zero values of ''x'', the exponential integral Ei(''x'') is defined as : \operatorname(x) = -\int_^\infty \fract\,dt = \int_^x \fract\,dt. The Risch algorithm shows that Ei is not an elementary function. The definition above can be used for positive values of ''x'', but the integral has to be understood in terms of the Cauchy principal value due to the singularity of the integrand at zero. For complex values of the argument, the definition becomes ambiguous due to branch points at 0 and Instead of Ei, the following notation is used, :E_1(z) = \int_z^\infty \frac\, dt,\qquad, (z), 0. Properties Several properties of the exponential integral below, in certain cases, allow one to avoid its explicit evaluation through the definition ab ...
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