Log-Logistic Random Variable Generator
The log-logistic distribution, also known as the Fisk distribution in economics, is a two-parameter probability distribution. The parameter a governs the shape, while b is a scaling factor. If a random variable X has a logistic distribution, then ln(X) has a log-logistic distribution. The Fisk probability model has a wide variety of applications, including, hydrology, survival analysis, and wealth distribution. You can use the calculator below to generate random numbers from a log-logistic distribution.
The log-logistic probability density function is
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