Power Series Distribution definition, formula with applications

 

A power series distribution is a discrete probability distribution that applies to a subset of natural numbers. The distribution’s names derive from the fact that the power series is used to construct them. This broad category of distributions includes a number of discrete distributions, such as the Poisson distribution, negative binomial distribution, and binomial distribution.

 
power series distribution

 

Power Series Distribution

A discrete random variable X is said to have a generalized power series distribution if its probability function is given by,
 

    \[ f\left (x;a,\theta   \right )=\frac{a_{x}\theta ^{x}}{f(\theta )}; x=0,1,2,3,...;a_{x}\geq 0 \]

 
where f(θ) is a generating function and  f(θ) is positive finite and differentiable. Power series distribution is a discrete probability distribution.

Properties

Some special properties of power series distribution are given-
  • If θ=p/(1-p), f(θ)=(1+θ)^n and s={1,2,3,…,n), a set of (n+1) non-negative integers then the power series distribution is tends to binomial distribution.
  • If f(θ)=e^θ and s={0,1,2,3,…,∞} then the distribution tends to poisson distribution.
  • If θ=p/(1-p), f(θ)=(1+θ)^-n and s={0,1,2,3,…,∞), then the power series distribution tends to negative binomial distribution.
  • If f(θ)=-log(1-θ) and s={1,2,….}, then the power series distribution tends to logarthmic distribution.

Characteristics of power series distribution

 
 

Power Series Distribution to others distribution…

Power Series Tends to-Condition
Binomial distributionIf θ = p / (1 – p); f(θ) = (1 + θ)n; s = {1, 2, 3, … n}
Poisson DistributionIf f(θ) = eθ and s = {0, 1, 2, 3, … ∞}
Negative Binomial DistributionIf θ = p / (1 – p); f(θ) = (1 + θ)-n; s = {0, 1, 2, 3, … ∞}
Logarithmic distributionIf f(θ) = -log (1 – θ) and s = {1, 2, …},

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