MCS is a technique that converts uncertainties in input variables of a model into probability ... normally distributed natural logarithm. Triangular Distribution: Continuous distribution with ...

We introduce the triangular approximation to the normal distribution in order to extract closed- and ... We also approximate the collective risk model under lognormally distributed severities and ...

The triangular distribution is typically used as a subjective ... than methods based on the ex-ante best individual forecasting model.” Adding triangular distributions (TDs) to the mix offers ...