For the standard form of the Tukey lambda distribution, the quantile function,, and the quantile density function are For most values of the shape parameter, λ, the probability density function and cumulative distribution function must be computed numerically. The Tukey lambda distribution has a simple, closed form for the CDF and/or PDF only for a few exceptional values of the shape parameter, for example: λ = 2, 1, ½, 0. However, for any value of λ both the CDF and PDF can be tabulated for any number of cumulative probabilities, p, using the quantile function Q to calculate the value x, for each cumulative probabilityp, with the probability density given by, the reciprocal of the quantile density function. As is the usual case with statistical distributions, the Tukey lambda distribution can readily be used by looking up values in a prepared table.
Moments
The Tukey lambda distribution is symmetric around zero, therefore the expected value of this distribution is equal to zero. The variance exists for and is given by the formula More generally, the n-th order moment is finite when and is expressed in terms of the beta functionΒ : Note that due to symmetry of the density function, all moments of odd orders are equal to zero.
Differently from the central moments, L-moments can be expressed in a closed form. The L-moment of order r>1 is given by The first six L-moments can be presented as follows:
Comments
The Tukey lambda distribution is actually a family of distributions that can approximate a number of common distributions. For example,
The most common use of this distribution is to generate a Tukey lambda PPCC plot of a data set. Based on the PPCC plot, an appropriate model for the data is suggested. For example, if the maximum correlation occurs for a value of λ at or near 0.14, then the data can be modeled with a normal distribution. Values of λ less than this imply a heavy-tailed distribution. That is, as the optimal value of lambda goes from 0.14 to −1, increasingly heavy tails are implied. Similarly, as the optimal value of λ becomes greater than 0.14, shorter tails are implied. Since the Tukey lambda distribution is a symmetric distribution, the use of the Tukey lambda PPCC plot to determine a reasonable distribution to model the data only applies to symmetric distributions. A histogram of the data should provide evidence as to whether the data can be reasonably modeled with a symmetric distribution.