Log-Laplace distribution
Log-Laplace distribution
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Log-Laplace distribution

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Log-Laplace distribution

In probability theory and statistics, the log-Laplace distribution is the probability distribution of a random variable whose logarithm has a Laplace distribution. If X has a Laplace distribution with parameters μ and b, then Y = eX has a log-Laplace distribution. The distributional properties can be derived from the Laplace distribution.

A random variable has a log-Laplace(μ, b) distribution if its probability density function is:

The cumulative distribution function for Y when y > 0, is

Versions of the log-Laplace distribution based on an asymmetric Laplace distribution also exist. Depending on the parameters, including asymmetry, the log-Laplace may or may not have a finite mean and a finite variance.

The mean or expected value of a log-Laplace distributed random variable X with a location parameter μ and a scale parameter b is given by

The variance of X is given by

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