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4
votes
It's not possible with a simple linear transformation like the one you mentioned: since scale and thus the distance between mean and median are required to change, either the mean or the median will n …
answered Apr 24 '13 by Quartz
2
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The consensus nowadays is that stable distributions are not a well fit, although they do possess heavy tails. In particular Cauchy has too fat tails. The reasons for this are disparate, however the f …
answered Feb 21 '14 by Quartz