The Partial Distribution:Definition, Properties and Applications in Economy
Definition and Basic Conclusions
Applications of partial distribution
Definition (Partial Distribution) Let X is a non-negative stochastic variable, and it follows the
distribution of density
(1)
then X is said to have a Partial Distribution, and denotes X e P( µ, σ2).The partial distribution is a kind of truncated normal distribution.
By means of [1], we have
Theorem 1 For any x e [0,∞], the following equations are correct approximately:


Theorem 2 Let X follow the partial distribution P( µ, σ2), thus
1) The expected value E(x) is as follows
(2)
(3)
2) The variance D(x) is as follows
(4)
Prof. Feng Dai

The Partial Distribution: Definition, Properties and Applications in Economy
In this discussed draft, we want to present the Partial Distribution (F.Dai, 2001) for discussing. We compare the partial distribution with lognormal and levy distribution.
Prof. Feng Dai