Bounds for the probability distribution function of the linear ACD process
This paper derives both lower and upper bounds for the probability distribution function of stationary ACD(p,q) processes. For the purpose of illustration, I specialize the results to the main parent distributions in duration analysis. Simulations show that the lower bound is much tighter than the upper bound.
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Volume (Year): 68 (2004)
Issue (Month): 2 (June)
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References listed on IDEAS
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