Kumaraswamy Distribution
In probability and statistics, the Kumaraswamy's double bounded distribution is a family of continuous probability distributions defined on the interval differing in the values of their two non-negative shape parameters, a and b.
It is similar to the Beta distribution, but much simpler to use especially in simulation studies due to the simple closed form of both its probability density function and cumulative distribution function. This distribution was originally proposed by Poondi Kumaraswamy for variables that are lower and upper bounded.
Read more about Kumaraswamy Distribution: Properties, Relation To The Beta Distribution, Related Distributions, Example
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