Difference between revisions of "Barbell Distribution"
From Open Risk Manual
Wiki admin (talk | contribs) (Created page with "== Definition == '''Barbell distribution''' is an informal name given to any Distribution that exhibits a range that seems to be a composite of two extreme (separated) dom...") |
Wiki admin (talk | contribs) |
||
Line 6: | Line 6: | ||
* Modelling multimodal distributions is generally more complex (involves large number of parameters) | * Modelling multimodal distributions is generally more complex (involves large number of parameters) | ||
− | [[Category: | + | [[Category:Probability]] |
+ | [[Category:Statistics]] |
Revision as of 13:50, 16 April 2021
Definition
Barbell distribution is an informal name given to any Distribution that exhibits a range that seems to be a composite of two extreme (separated) domains. A more formal name is Bimodal distribution
Issues and Challenges
- In the context of the distribution of Credit Portfolio characteristics a barbell distribution may involve risk patterns that are not visible in aggregates / averages
- Modelling multimodal distributions is generally more complex (involves large number of parameters)