Nadarajah, Saralees; Kotz, Samuel - In: Applied Economics Letters 14 (2007) 9, pp. 673-677
Inverse Gaussian distributions have proved to fit economic indices remarkably well in empirical investigations (Aase, 2000). In this note, the exact distribution of the ratio W = X/(X + Y) is derived when X and Y are independent inverse Gaussian random variables. This distribution arises when...